commiss decis octob measur implement itali rai spa notifi document number italian text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl thereof regard agreement european econom area articl thereof call interest parti submit comment pursuant provis cite regard comment procedur complaint lodg june rti spa reti televis italian undertak control italian nation televis channel belong mediaset group commiss inform itali implement number measur favour rai radiotelevision italiana spa nation public broadcast hereinaft rai complaint focus licenc fee grant rai set measur adopt italian govern half favour rai commiss request inform italian author letter juli septemb italian author repli letter august novemb mediaset complaint submit document letter request inform commiss italian author juli italian author provid inform request meet juli letter august meet complain held occas octob mediaset lodg addit complaint commiss aid measur mention origin complaint mediaset present document letter januari meet commiss februari februari commiss enjoin itali provid inform assess measur consid exist aid hereinaft injunct decis commun itali letter februari itali provid inform request submit observ letter march commiss request addit inform letter april italian author repli letter june mediaset wrote commiss question measur consid exist aid meet commiss letter date septemb commiss inform itali decid initi procedur laid articl ec treati respect ad hoc measur mediaset state aid hereinaft decis initi procedur decis initi procedur publish offici journal european commun commiss invit interest parti submit comment measur commiss receiv comment itali decemb commiss receiv comment interest parti letter date decemb comment rai forward itali letter decemb letter date januari comment federazion radio televisioni frt letter date februari comment associ commerci televis act letter date januari comment mediaset comment interest parti forward itali letter decemb februari itali opportun react comment receiv letter date late comment receiv letter date june codacon coordin group associ protect environ right user consum meet rai held commiss januari decemb meet italian author held commiss june meet mediaset held commiss march june june octob letter complain date novemb receiv meet june mediaset submit studi restructur rai prepar charl river associ mediaset wrote commiss june april entri forc amsterdam treati interpret protocol system public broadcast annex ec treati hereinaft amsterdam protocol commiss commun applic state aid rule public servic broadcast hereinaft commun set principl commiss appli state aid rule state fund public servic broadcast light commun commiss request inform itali letter date septemb meet italian author held commiss decemb inform request receiv decemb commiss wrote italian author novemb request number document italian author repli nation background histor develop legal basi public servic broadcast itali italian state reserv exploit radiotelegraph servic grant concess licenc privat public oper public radio servic entrust basi exclus licenc uri subsequ eiar rai law justifi state monopoli broadcast servic refer public util educ artist cultur object interest republican constitut enter forc public servic broadcast constitut foundat principl freedom speech individu inform particip democrat life countri radio televis broadcast continu prerog state basi articl constitut refer essenti public servic overrid gener interest rai sole concessionair virtu seri convent law april nuov norm materia di diffusion radiofonica televisiva hereinaft law codifi situat stress link public servic broadcast articl constitut concept essenti public servic overrid gener interest state monopoli sector articl law confirm substanc articl presidenti decre januari hereinaft decre provid rai financ licenc fee advertis revenu establish pursuant law broadcast market chang gradual half privat oper start broadcast local level nation level constitut court endors develop disput stress mediaset judgment judgment constitut court contribut substanti open italian broadcast market competit case issu court held monopoli local televis radio broadcast unconstitut confirm state monopoli nation broadcast legitim essenti public servic overrid gener interest judgment local broadcast appear countri number year videotap radio connect broadcast programm time wide area call syndic legal nation broadcast monopoli confirm temporari basi adopt antitrust law broadcast sector constitut court judgment reli argument nation broadcast constitut essenti public servic overrid gener interest nation monopoli basic exist alongsid privat oper broadcast nation level syndic system law august disciplina del sistema radiotelevisivo pubblico privato hereinaft law gener law regul public privat broadcast note codifi situat develop broadcast market provid possibl privat concessionair engag broadcast nation level local level addit public servic concessionair import provis law relat advertis articl establish limit advertis rai privat concessionair advertis rai exce weekli broadcast time hour nation privat concessionair exce daili broadcast time hour articl impos ceil rai advertis revenu remov decre law effect januari descript rai rai origin set uri union radiofonica italiana transform eiar rai radio audizioni italia final rai radiotelevision italiana spa began televis broadcast activ januari channel rai basi decre entrust rai broadcast broadcast signal cover itali launch channel rai region channel rai radio broadcast base subdivis channel primo secondo terzo programma object compani rai law consist broadcast distribut transfer radio televis programm signal air satellit mean establish manag develop equip mean activ produc acquir market work programm servic capabl constitut object activ carri oper conduct activ rai public limit compani nation import mean articl italian civil code period cover present decis share capit held public sector rai public limit compani subject specif regul instanc subject supervis direct italian parliament dedic parliamentari commiss entri forc law june rai board director appoint presid chamber parliament convent state rai august approv dpr date hereinaft convent lai rai oper radio channel televis channel televis channel region subregion broadcast convent state rai approv dpr march hereinaft convent similar provis rai requir oper radio channel televis channel devis mean link product distribut televis channel region subregion broadcast rai entrust provis public servic broadcast carri commerci activ fall definit public servic essenti separ legal entiti import sipra nuova fonit nuova eri saci detail descript measur purpos present decis injunct commiss mention measur mediaset contrari articl treati licenc fee tax exempt revalu rai asset convers concess fee cassa depos prestiti hereinaft cddpp loan capit inject rai reduct concess fee paid rai state itl billion itl billion factor oper cofiri factor cofiri loan inform receiv injunct led commiss conclus measur constitut exist aid measur constitut state aid measur qualifi state aid decis initi procedur commiss launch formal investig procedur articl respect tax exempt revalu rai asset convers concess fee cddpp loan capit inject rai hereinaft ad hoc measur time decis commiss explain detail measur constitut state aid conclus measur challeng court licenc fee rank exist aid explicitli exclud scope decis initi procedur ad hoc measur cover commiss formal investig adopt period present decis focus financi relat rai italian state period decis initi procedur present decis deal legal classif licenc fee compat treati licenc fee consid preliminari basi exist aid matter dealt separ procedur articl council regul ec march lai detail rule applic articl ec treati order complet pictur financi relat italian state rai period cover present investig commiss consider ad hoc measur financi support grant rai mean licenc fee mechan refer licenc fee extent clarifi reason ad hoc measur addit statutori instrument mention period cover present investig relat italian state rai govern convent remain forc august convent enter forc septemb licenc fee licenc fee import fund mechan rai law link licenc fee assign public broadcast servic concessionair rai licenc origin rdl convert law introduc oblig owner applianc capabl receiv signal broadcast pai state licenc fee proce alloc state entiti entrust public broadcast servic tax exempt revalu rai asset decre law decemb disposizioni urgenti il risanamento il riordino della rai spa hereinaft dl laid seri measur reform rai provis reproduc decre eventu convert law articl dl rai revalu asset enter balanc sheet posit differ revalu asset shown balanc sheet special reserv oper exempt tax duti revalu asset rai creat revalu reserv amount itl billion reserv cover account loss convers concess fee cddpp loan note decis initi procedur concess fee amount paid televis broadcast state transmiss frequenc convent govern concess fee payabl rai concess fee payabl rai determin articl dpr total itl billion year amount paid dai rai annual budget approv articl dl state state credit concess fee sold cddpp transform liabil equiti condit met subsequ articl dl provid possibl convert cddpp credit loan articl dl convert law provid actual assign state credit concess fee cddpp transform credit loan rai juli cddpp grant rai year loan fix interest rate decemb rai repaid entir loan loan grant cofiri decis initi procedur commiss note loan compli market condit capit inject rai articl dl januari convert law juli state grant itl billion iri transfer monei rai parliamentari act grant compens insuffici increas licenc fee rel inflat februari iri transfer itl billion rai comment interest parti comment submit rai fundament argument develop italian author summaris recit breviti sake examin section argument complain sum mediaset maintain tax exempt rai asset revalu result advantag rai itl billion reserv creat revalu reconstitut rai share capit subject registr tax exempt registr tax confer advantag itl billion mediaset opinion convers concess fee cddpp loan constitut advantag rai oper made reduc sum rai paid state concess fee includ interest mediaset contend debt concess fee outstand rai paid interest statutori discount rate tasso ufficial di sconto penalti rise month amount due concess fee convert loan penalti rate appli rai obtain advantag rai obtain advantag loan carri interest rate lower market rate capit inject mediaset claim consist market economi investor principl constitut state aid favour rai mediaset argu supervis nation level perform public servic task entrust rai absenc effect nation bodi carri role fall commiss exercis supervis mediaset subsequ ad commun preclud find commiss public fund rai consid compat common market simpli indic public servic effect supervis complaint lodg june mediaset argu rai engag quot dump quot advertis market devast effect financ privat broadcast subsequ complaint octob mediaset matter argu rai offer airtim cost market secondari import advertis account rai revenu financ cost oper state resourc view undermin mediaset incom advertis happen ceil rai advertis revenu remov number second advertis broadcast rai increas dramat federazion radio televisioni frt associ italian privat broadcast observ rai oper privat broadcast seek audienc advertis revenu state aid rai emploi anchormen acquir interest programm confer rai advantag term audienc advertis revenu rai behaviour market typic commerci oper seek increas audienc order attract advertis major sport event boost sizabl advertis revenu commerci programm bought state resourc capabl guarante larg audienc advertis revenu state aid rai effect prevent develop local broadcast sector amsterdam protocol member state defin public servic programm intrins commerci fund state resourc commerci televis public televis distinguish state financ allow servic provid privat broadcast social util associ commerci televis europ act measur undoubtedli capabl advers affect competit eu broadcast activ itali broadcast potenti competitor rai public broadcast allow broadcast programm market provid accord amsterdam protocol commiss introduc european measur defin content organis public servic broadcast endeavour demarc concept public servic sector line case law european court justic comment itali italian author assert public servic task entrust rai extend program situat stem develop time broadcast regul itali provis forc defin public servic broadcast italian author argu tax exempt revalu rai asset constitut state aid reason kind tax exempt measur connect convers public bodi limit compani iri enel eni ina case privatis bank sector special measur real financi advantag rai simpli recalcul asset dispos privat law prohibit asset revalu measur compulsori rai reason carri revalu advantag intend past law provid option revalu asset undertak laid specif tax treatment tax exempt substitut duti tax exempt revalu link restructur rai provid dl opinion italian author convers concess fee cddpp loan constitut state aid loan rai grant market condit bear mind rai obtain eur million loan comit citibank libor basi point interest rate ribor basi point rai time rai healthi undertak rate close rate appli cddpp case convers meant rai paid origin due concess fee reduct justifi dispar fee paid rai paid privat oper previou year italian author capit inject consid part licenc fee adjust inflat measur aim cover cost public servic task entrust rai italian author argu capit inject compli market economi investor principl rai econom situat began improv capit inject regard state aid letter decemb italian author contest fact rai advertis price higher competitor rai limit advertis time compar privat broadcast appli higher price order surviv competit market tabl annex letter rai averag advertis price consist significantli higher mediaset second advertis prime time dai night italian author rai claim measur investig constitut state aid capabl affect trade member state compens rai net addit cost perform gener servic task entrust public servic broadcast assess aid exist aid articl treati state measur constitut state aid mean articl condit met grant member state state resourc form whatsoev favour undertak product good select advantag distort threaten distort competit affect trade member state measur commiss examin separ condit met measur meet condit meet condit examin recent case law court justic european commun affect analysi state resourc select advantag distort competit tax exempt revalu rai asset time dl adopt asset revalu involv payment incom tax oper result increas tax exempt revalu rai asset involv direct cash outflow directli affect public budget state fact forgo tax revenu statutori claim court justic consist held quot measur public author grant undertak tax exempt involv transfer state resourc place person exempt appli favour financi posit taxpay constitut state aid mean articl treati quot measur grant state resourc measur capabl confer econom advantag rai elimin cost item undertak profit loss account undertak paid normal tax rate revalu asset incur cash outflow virtu dl rai avoid pai tax benefit directli financi econom advantag undertak compar situat competit distort aid reinforc competit posit beneficiari undertak vi vi competitor advantag capabl distort competit rai undertak argument adduc italian state rai justif revalu essenti kind tax exempt measur connect convers public bodi spa privatis case bank sector special measur real financi advantag rai simpli recalcul asset dispos privat law prohibit asset revalu measur compulsori rai reason carri revalu advantag intend past law enact dl provid option revalu asset undertak laid specif tax treatment tax exempt substitut duti tax exempt revalu link restructur rai provid dl argument pertin fact tax exempt appli case similar situat rai chang select natur measur issu demonstr measur accord gener scheme natur system italian author provid evid argument accept advantag li fact rai obtain asset fact asset transfer legal entiti simpli fact compani rai pai tax applic respect oper rai asset revalu improv balanc sheet econom situat rai pai tax applic respect revalu cost item present elimin balanc sheet similarli argument accept case law concept state aid defin basi effect measur basi characterist object scope compulsori voluntari natur measur fact aid compulsori alter fact rai receiv advantag receiv normal market condit rai receiv advantag specif tax treatment provid law fact revalu permit privat law likewis irrelev argument confirm commiss analysi measur dl law provid favour treatment undertak case asset revalu normal tax rule appli provid total exempt substitut duti present case treatment offer rai measur select argument relat compat measur dealt section conclus tax exempt revalu rai asset grant state resourc appear confer advantag rai capabl distort competit convers concess fee cddpp loan mention commiss conclud decis initi procedur concess fee payment made broadcast compani state broadcast frequenc italian author uri rai paid concess fee amount payabl rai concess fee total itl million itl million hand privat broadcast pai concess fee law pai fee nation concess amount differ payabl rai period annual fee privat oper amount itl billion frequenc decis initi procedur commiss conclud reduct concess fee payabl rai constitut state aid observ quot rai concess fee time measur adopt significantli higher fee paid competitor rai paid itl billion year concess frequenc broadcast charg itl billion frequenc reduct concess fee confer econom advantag rai fact partial reduc burden impos state undertak reduct concess fee itl billion itl billion year allevi burden rai constitut state aid mean articl treati confer beneficiari econom advantag competitor quot undertak compar circumst line conclus reduct concess fee commiss note oper effect reduc concess fee payabl rai convent constitut state aid reduct exce privat oper similar situat paid concess fee check convers concess fee effect reduc amount payabl rai concess fee year reduct exceed privat oper similar situat paid concess fee check amount cddpp loan cover sum payabl licenc fee interest accru period payment remain outstand check extent interest rate cddpp loan rate rai obtain market element recal juli concess fee convert cddpp loan grant rai year loan amount itl equival credit assign cddpp itl billion interest accru debt concess fee outstand period sum payabl licenc fee remain outstand tasso ufficial di sconto fell rise commiss calcul amount interest charg rai slightli higher result mere applic tasso ufficial di sconto mention point mediaset contend debt concess fee outstand rai paid articl convent interest tasso ufficial di sconto penalti rise month payment penalti stress provis mention complain stipul event delai pai concess fee rai subject interest arrear ad statutori rate rise month provis maximum amount penalti rate appli discret administr appli penalti rang complain provid inform support argument rate appli circumst commiss accept claim complain occas convers sum payabl concess fee loan grant cddpp rai obtain advantag pai penalti element born mind interest rate cddpp loan fix loan year rai repaid loan half year decemb banca italia rate applic medium long term loan relev period recit decis initi procedur italian author argu cddpp loan grant market condit bear mind rai secur eur million loan comit citibank libor basi point interest rate ribor basi point rai rate close rate appli cddpp view observ recit establish convers concess fee entail reduct sum rai paid concess fee includ interest reduct circumst clear reduct substanti dispar fee charg rai charg privat broadcast reduct bring concess fee paid rai concess fee payabl privat oper compar situat period oper effect reduc concess fee payabl rai constitut state aid provid reduct exce privat oper similar situat paid concess fee commiss conclud convers concess fee cddpp loan confer rai advantag rel undertak compar circumst measur constitut state aid mean articl rai capit inject februari iri transfer rai behalf state amount itl billion doubt measur entail state resourc monei directli state budget imput state provid law state order establish inject capit public author confer select advantag recipi advantag undertak obtain normal market condit commiss appli market economi investor principl natur principl appli invest commerci activ state prospect achiev return present case involv compani main activ classifi state public servic financ state commiss observ appear contradict argument italian author transfer resourc regard commerci invest rai main activ carri primarili view make profit gener return capit invest event assum italian author good reason put forward argument point order assess capit inject compli market economi investor principl analys busi result obtain rai period measur adopt financi prospect estim basi market forecast shown tabl tabl rai consolid data gt tabl gt nb data data consolid sourc decis initi procedur tabl show rai profit concern year call capit increas italian author decid inject capit privat investor invest compani found return undertak invest return expect basi rai busi prospect market forecast privat investor inject capit rai absenc sound realist reason busi plan substanti expect return invest present case italian author provid evid exist plan busi plan italian author refer relat rai restructur plan prepar rai board director pursuant articl dl final approv italian author octob measur question link plan begin measur present time italian author rai invest state expect return italian author relev parliamentari act inject compens insuffici increas licenc fee rel inflat rai present inject grant account term defin contributo fondo perduto outright grant note measur regard mere subsidi select advantag condit case met rai receiv grant improv financi situat commiss confirm preliminari conclus contain decis initi procedur inject confer rai select advantag obtain normal market condit improv econom prospect provid addit financi resourc competit distort aid reinforc competit posit beneficiari undertak vi vi competitor advantag distort competit rai undertak final commiss opinion italian author argument inject regard part licenc fee aim compens reduct real licenc fee inject measur distinct licenc fee legal basi legal basi fee conclus capit inject rai grant state resourc appear confer advantag rai distort competit effect trade member state tax exempt revalu rai asset rai capit inject quot state financi aid strengthen posit undertak compar undertak compet intra commun trade regard affect aid quot beneficiari undertak involv export similarli member state grant aid undertak oper servic distribut industri recipi undertak carri busi member state aid effect commun trade line case law commun explain quot state financ public servic broadcast gener consid affect trade member state posit acquisit sale programm right take place intern level advertis case public broadcast allow sell advertis space cross border effect homogen linguist area nation boundari ownership structur commerci broadcast extend member state quot present case rai activ intern market european broadcast union exchang televis programm particip eurovis system direct competit commerci broadcast activ intern broadcast market intern ownership structur rai present import intern oper activ competit intern broadcast market commiss conclud measur question affect trade member state mean articl real advantag altmark rule tax exempt revalu rai asset rai capit inject rai undertak entrust provis servic gener econom interest sgei public servic broadcast itali argu measur investig compens rai net cost incur discharg gener servic task entrust state measur compens net addit cost sgei qualifi state aid mean articl compens determin real advantag confer undertak altmark court justic condit satisfi order escap classif condit recipi undertak public servic oblig discharg oblig defin paramet basi compens calcul establish advanc object transpar manner avoid confer econom advantag favour recipi undertak compet undertak fhird compens exce cover part cost incur discharg public servic oblig take account relev receipt reason profit discharg oblig fourth undertak discharg public servic oblig specif case chosen pursuant public procur procedur select tender capabl provid servic cost commun level compens need determin basi analysi cost typic undertak run adequ provid mean product meet public servic requir incur discharg oblig take account relev receipt reason profit discharg oblig quot state measur compli condit regard state aid mean articl quot leav moment condit commiss note present case result paramet basi financi support grant measur compens calcul advanc object transpar manner avoid confer econom advantag favour recipi undertak compet undertak rai chosen public servic broadcast provid basi public procur procedur level compens need determin basi analysi cost typic undertak run adequ provid mean product meet public servic requir incur discharg oblig take account relev receipt reason profit discharg oblig condit articl met condit set court altmark commiss conclud tax exempt revalu rai asset call rai capit inject constitut state aid mean articl compat aid articl treati court consist held articl provid derog ban state aid undertak entrust sgei implicitli confirm altmark state aid design compens cost incur undertak provid sgei found compat common market satisfi condit articl court made clear order measur benefit derog condit definit entrust proportion fulfil commiss consid principl fulfil develop trade affect extent contrari commun interest principl appli broadcast sector explain commun commiss assess public servic broadcast defin servic gener econom interest public servic member state definit rai offici entrust italian author provis servic entrust state fund exce net cost public servic take account direct indirect revenu deriv public servic proportion carri analysi commiss account amsterdam protocol system public broadcast directli relat democrat social cultur societi preserv media plural specif member state quot compet provid fund public servic broadcast fund grant broadcast organis fulfil public servic remit confer defin organis member state fund affect trade condit competit commun extent contrari common interest realis remit public servic account quot definit entrust definit public servic mandat fall compet member state specif natur broadcast sector member state provid wide definit role commiss limit check manifest error note broadcast begin centuri consid servic gener interest reserv state state monopoli broadcast servic justifi light public util educ artist cultur object interest entri forc republican constitut public servic broadcast activ directli link fundament right freedom reserv state basi articl constitut refer essenti public servic overrid gener interest rai sole concessionair line commun light histor legisl element commiss accept italian author claim italian legal system public servic broadcast consid servic gener econom interest mean articl period cover present investig public servic broadcast entrust rai convent public servic concess august year relat state rai govern convent remain forc august articl convent explicitli state public broadcast servic entrust exclus rai concess cover entir nation territori servic entrust consist broadcast radio televis programm air cabl satellit mean explain constitut court italian legisl justifi state monopoli nation broadcast basi concept essenti public servic overrid gener interest laid articl constitut constitut court law made distinct quantiti kind program fall scope concept constitut court refer inform cultur entertain judgment token convent state broadcast radio televis programm italian territori constitut public servic entrust rai articl commiss conclud claim italian author definit public servic broadcast itali includ convent rai program activ number oblig impos rai corollari public servic task convent oblig invest qualiti coverag signal articl research articl set oblig special rule contain law forc compris gener oblig object plural articl specif parliamentari commiss determin articl gener guidelin rai respect monitor broadcast servic provid rai oblig reserv total televis broadcast time radio broadcast time polit parti religi group union provid technic assist free charg rai requir set transmiss facil manag parti plant close bilingu area order broadcast programm foreign oper provid televis radio programm countri view dissemin italian cultur languag abroad provid televis radio programm german ladino french slovenian region linguist minor live articl rai requir broadcast messag presid republ presid chamber parliament constitut court prime minist articl articl convent rai carri activ commerci natur discographi sale programm exploit cinema theatr concert right ancillari public servic link object compani prejudici perform public servic task lastli recent year rai activ advertis market public servic remit septemb convent durat year entrust public servic broadcast rai exclus basi refer servic contract legal instrument flesh provis convent articl convent state servic contract period conclud end june articl convent explicitli state public servic broadcast cover entir nation territori entrust exclus rai mean concess servic consist broadcast radio televis programm mean convent lai gener oblig provid object complet imparti inform recognis region divers protect nation region cultur educ oblig ancillari public servic task rai requir ensur widest diffus signal respect minimum program time broadcast free charg messag public interest request govern creat radio servic provid traffic inform nation motorwai network facilit utilis servic disabl peopl articl provid special program minor articl carri research activ articl establish state art televis radio infrastructur reflect advanc technolog standard articl servic contract conclud end june genuin servic contract hereinaft quot contract quot sign enter forc middl year commiss conclud contract relev purpos defin rai public servic oblig sum appear rai public servic remit previou year commiss conclud claim italian author period definit public servic broadcast itali includ rai program activ accompani number ancillari oblig convent articl convent authoris rai carri commerci editori activ link diffus sound imag data activ link object compani activ prevail public servic broadcast doubt classif public servic broadcast servic gener econom interest entrust rai public servic broadcast identif public servic broadcast entir rang rai program definit public servic broadcast qualit wide natur commiss take account interpret provis amsterdam protocol consid quot wide quot definit legitim definit abus manifest error explicitli includ commerci activ advertis sale programm point commun suffici public servic broadcast formal entrust provis public servic public servic provid mandatori desir author monitor applic public servic task wide defin qualiti standard presenc independ monitor mechan suffici reliabl indic public servic provid mandat guarante member state task perform time enabl commiss carri task state aid rule respect note rai subject author specif parliamentari commiss monitor garant la radiodiffusion editoria power commiss laid articl law inter alia commiss establish gener direct implement principl set articl law rai programm commiss check direct compli establish gener criteria formul rai annual multiannu expenditur invest plan approv rai gener annual multiannu program plan check implement garant carri task ensur rai activ compli relev legal provis instanc requir examin rai account monitor complianc limit advertis audienc figur lastli post telecommun ministri carri check commiss consid period examin italian author put place system check provid suffici indic public servic entrust rai provid mandat proportion establish task entrust rai servic gener econom interest defin member state rai offici entrust italian author provis servic commiss assess state fund task exce cover net cost public servic take account revenu accru public servic task assess carri recal criteria laid commun cost alloc broadcast sector commun cost public servic activ distinguish cost public servic activ end refer commiss direct eec transpar financi relat member state public undertak oblig separ account laid direct oblig separ account public public servic activ appli broadcast period appli entri forc revis version transpar direct juli complianc transpar direct matter issu present procedur commun lai specif rule cost alloc public servic activ account specif characterist public servic broadcast cost avoid hypothet situat public servic activ discontinu alloc public servic activ separ activ includ cost specif public servic activ addit amount common cost incur resourc public servic personnel equip fix instal point method accept peculiar broadcast sector larg share product part public servic time exploit commerci case programm defin public servic simultan gener audienc permit sale advertis sale programm broadcast cost alloc entireti public servic full distribut cost activ risk arbitrari meaning cost alloc view transpar account confus cost recoveri definit price polici compens public servic oblig compens allow net cost public servic task mean account direct indirect revenu deriv public servic word net advertis revenu gener transmiss programm fall scope public servic task net revenu deriv market programm deduct total amount public servic cost determin revenu public servic activ deliber maximis instanc order harm competitor net public servic cost greater amount compens higher justifi mean instanc rai advertis price fall level effici commerci oper similar situat cover cost proportion assess commiss carri twofold commiss calcul net cost public servic task entrust rai ascertain cost overcompens investig element dispos suggest rai inflat cost deliber maximis revenu commerci exploit public servic activ present case complain assert rai quot dump quot advertis market devast effect financ privat broadcast order harm mediaset sole incom deriv advertis commiss assess net cost public servic overcompens financi support state rai carri price polici advertis market level effici commerci oper similar situat cover cost hereinaft price undercut calcul net cost public servic task entrust rai comparison amount financi support provid state rai period period rai carri commerci activ separ legal entiti conclus period servic entrust rai embrac rai program accompani number ancillari oblig commiss note net cost public servic task entrust rai identifi principl deduct rai cost financi statement regard public servic revenu receiv rai subsidiari activ consist commerci exploit public servic commiss letter septemb call italian author submit figur cost alloc italian author provid calcul commiss rai balanc sheet commiss calcul net cost public servic task overestim cost includ cost link rai normal broadcast activ exclud cost link commerci exploit public servic commerci activ exclud cost link activ rai subsidiari cost appear link commerci exploit public servic revenu directli indirectli link public servic deduct gross cost public servic commiss includ revenu deriv commerci activ commiss deduct net cost public servic amount state financi support receiv rai period amount includ revenu state identifi rai balanc sheet includ financi advantag obtain rai tax exempt asset revalu present case advantag consid compens cost financ word order calcul proportion state fund net cost public servic task present case quantifi advantag obtain rai tax exempt revalu asset rai balanc sheet higher tax liabil proportion increas net cost public servic entrust rai regrett sake transpar clariti tax liabil includ rai account result commiss calcul summaris tabl tabl calcul net cost public servic task entrust rai comparison total financi support grant state period gt tabl gt rai price polici advertis market stress outset gener agreement televis advertis market itali characteris low degre transpar condit price vari greatli depend client price list indic broadcast grant discount vari total advertis time bought client averag discount signific assess public broadcast undercut price data advertis price interpret caution price advertis link audienc share broadcast period investig rai mediaset audienc share tabl averag annual audienc share hour sourc auditel cort dei conti quot relazion sul risultato del controllo eseguito sulla gestion finanziaria della rai gli esercizi quot gt tabl gt tabl averag annual audienc share prime time sourc auditel cort dei conti quot relazion sul risultato del controllo eseguito sulla gestion finanziaria della rai gli esercizi quot gt tabl gt articl law establish advertis limit rai privat concessionair rai devot weekli broadcast time hour advertis nation privat concessionair exce daili broadcast time hour articl provid imposit ceil amount revenu rai gener advertis ceil abolish decre law effect januari tabl statutori advertis time rai privat nation broadcast gt tabl gt tabl show rai hourli limit lower mediaset quantiti advertis rai broadcast lower case advertis import sourc revenu rai repres total revenu note abolit revenu ceil substanti mediaset claim rai polici undercut abolit revenu ceil rai increas advertis revenu evid price undercut contrari fact abolit ceil signific increas rai advertis revenu logic consequ remov measur ceil advertis revenu limit oper commerci behaviour fact develop price revenu compat sound commerci strategi anti competit point rai commerci strategi advertis market appear chang time rai subject revenu ceil observ sell quantiti advertis time set suggest rai pursu low price polici chose observ ceil combin low suppli high price strategi influenc lesser extent share competitor advertis market favour viewer remov revenu ceil rai lower price expand sale advertis space increas advertis revenu margin cost advertis space limit fact rai expand revenu advertis increas quantiti contradict view rai sound commerci strategi suffici show price set level effici commerci oper similar situat cover cost stress mediaset observ tend demonstr rai price behaviour price undercut adopt ration behaviour commerci oper maximis advertis revenu instanc letter januari mediaset argu ceil quot rai rais advertis price wish commerci risk attach quot complaint octob mediaset make statement rai advertis practic correspond normal commerci behaviour paragraph mediaset state quot rai progress model advertis behaviour mediaset quot clearer term quot rai model price market polici close mediaset advertis subsidiari quot paragraph quot rai encourag increas rate audienc share offer commerci programm order maximis advertis revenu quot document januari mediaset state quot rai continu compet abil advertis market place govern abolish ceil rai revenu advertis shortli lastli letter date mediaset complain rai board director decid adopt advertis polici base decis commerci approach similar point made frt associ italian privat broadcast observ open procedur statement suggest rai behaviour advertis market close commerci oper point excess low price line competitor quot complain submit commiss request precis evid price undercut rai contrari explicitli acknowledg imposs provid signific evid rai discount practic element submit complain tabl attach complaint octob support claim rai undercut advertis price decis respect tabl concern discount reproduc tabl averag discount advertis gt tabl gt tabl show averag rai discount significantli higher mediaset year investig absenc absolut price charg rai mediaset light characterist advertis market itali highlight tabl prove rai practis price undercut recit tabl submit mediaset entitl costo lire audienc compar rai mediaset price april tabl tabl rai mediaset advertis price gt tabl gt assum audienc share remain substanti similar prevail period investig tabl rai undercut price rai channel price advertis higher closest privat competitor channel light plural element indic rai undercut price advertis market year investig absenc precis evid submit complain commiss decid order supplement analysi detail comparison made rai mediaset advertis price period light similar respect audienc share rai mediaset structur broadcast base channel relev period mediaset invari post profit sell advertis space consid effici commerci oper situat similar rai commiss opinion comparison price oper meaning proxi criteria point commun public servic broadcast undercut price public servic activ quot recov stand cost effici commerci oper similar situat recov quot compar averag daili price contact hereinaft daili price contact averag prime time price contact hereinaft prime time price contact broadcast obtain indic rai behaviour commiss cross check data result comparison price contact data total advertis time total advertis revenu oper amount advertis broadcast prime time advertis prime time revenu oper commiss request italian author submit inform price rai mediaset advertis market italian author provid inform decemb basi data provid agb lead compani independ audienc measur advertis transact nielsen lead provid televis audienc measur relat servic italian author explain structur advertis limit rai combin hourli low weekli limit mediaset combin hourli daili limit mediaset reach limit hour dai rai concentr advertis hour audienc higher purpos present procedur commiss note rai behaviour inconsist object revenu maximis presenc low weekli limit import maximis revenu broadcast concentr advertis hour audienc high basi data provid agb italian author submit tabl compar rai mediaset daili prime time price contact tabl refer price list rai mediaset price euro thousand viewer tabl daili price contact gt tabl gt tabl prime time price contact gt tabl gt italian author provid data net price contact order obtain net price contact incorpor daili prime time price contact effect discount grant broadcast averag discount calcul nielsen price euro thousand viewer tabl net daili price contact gt tabl gt tabl net prime time price contact gt tabl gt tabl conclud daili price contact prime time price contact rai constantli higher mediaset data total advertis time total advertis revenu oper italian author provid inform basi data compil agb nielsen tabl comparison rai mediaset total advertis time total gross advertis revenu includ agenc commiss gt tabl gt data show audienc share slightli higher mediaset rai broadcast advertis broadcast time mediaset gener revenu equal half mediaset revenu sum time rai gener proportion revenu data amount advertis broadcast prime time prime time advertis revenu italian author provid inform basi data compil agb nielsen tabl comparison rai mediaset total prime time advertis total gross prime time advertis revenu includ agenc commiss gt tabl gt data show audienc share slightli higher mediaset rai broadcast prime time advertis half time mediaset gener revenu equival half third mediaset revenu time rai gener proportion revenu conclus element gather commiss tend demonstr rai adopt pattern behaviour consist set price advertis market level effici commerci oper similar situat cover cost appear behaviour consist maximis advertis revenu complain provid evid support claim rai undercut advertis price complain point singl episod price undercut suppli statement tend prove opposit rai oper advertis market normal commerci oper light forego commiss conclud period cover present investig rai undercut price conclus commiss find itali unlawfulli implement measur provid articl decre law decemb articl decre law januari convert law juli breach articl treati commiss consid aid cover investig overcompens rai compat common market mean articl commiss find convers concess fee cddpp loan constitut state aid mean articl adopt decis articl aid provid articl decre law decemb articl decre law januari convert law juli implement itali rai radiotelevision italiana spa period compat common market mean articl treati articl convers concess fee loan cassa depos prestiti constitut state aid mean articl treati articl decis address italian republ brussel octob commiss mario monti member commiss oj present decis commiss refer complain quot mediaset quot mediaset spa particip commiss state aid investig made complaint origin lodg rti spa footnot oj garant la radiodiffusion editoria report treasuri ministri hold share capit point decis initi procedur oj itl billion itl billion rai paid itl billion leav amount outstand itl billion letter italian author june matter fact measur natur grant capit inject increas capit measur quot capit inject quot moment procedur initi commiss retain word mediaset letter januari mediaset letter januari mediaset letter june mediaset letter april paragraph letter octob letter italian author decemb italian author comparison ribor interest rate appli cddpp show rai save itl billion cddpp loan return equiti roe rose judgment juli case altmark tran publish articl dpr decemb quot approvazion del testo unico dell impost sui redditi quot leo monacchi schiavo quot le impost sui redditi nel testo unico quot giuffré case italian republ commiss ecr paragraph case philip morri ecr paragraph opinion advoc gener case italian republ commiss ecr paragraph opinion advoc gener case altmark publish ecr paragraph note requir easi fulfil assum state aid distort threaten distort competit letter italian author decemb decis initi procedur letter italian author june decis implicitli refer televis channel alloc rai conclus account radio channel alloc rai paragraph decis commiss note quot situat consid provid state aid rai competitor state renounc part concess fee favour undertak rai pai full amount quot worth recal complain formal contest analysi amount concess fee payabl rai privat broadcast complain suggest justif dispar concess fee rai privat broadcast gt tabl gt absenc precis inform italian author calcul interest accru debt concess fee outstand commiss calcul amount interest basi tasso ufficial di sconto mediaset letter januari differ market rate cddpp rate transpir rai enjoi reduc rate half prudent scenario rai secur loan market half year refinanc market rate fall rai paid itl billion interest rel cddpp loan basic rai paid itl billion pai fee privat broadcast paid itl billion profit loss account contributi sovvenzioni esercizio note sulla gestion relat rai balanc sheet case philip morri ecr paragraph opinion advoc gener case ecr paragraph opinion advoc gener case altmark publish footnot point advoc gener note requir easi fulfil assum state aid distort threaten distort competit conclus true measur question consid capit inject mere state subsidi aim cover rai financi case rai account decis initi procedur commiss calcul real term rai lost itl billion failur adjust amount licenc fee line inflat rai note licenc fee adjust inflat rate argu lost itl billion licenc fee updat explain question real licenc fee restor public aid grant rai period measur examin adopt exceed net cost gener servic task entrust rai period philip morri footnot paragraph case footnot paragraph case maribel bi ter ecr case itali commiss report commun op cit paragraph join case commiss publish detail discuss effect trade member state decis initi procedur point instanc present report board director budget quot la fortissima concorrenza sul mercato nazional su quelli internazionali quot refer framework gener guidelin object board director report quot nel contesto di fort competizion nazional sovranazional che caratterizza il comparto cui opera la rai quot present report board director budget quot si ampliata arricchita nel la presenza internazional della rai su molteplici fronti quot introduct report board director budget quot riportar azienda ad ruolo di primo piano sui mercati internazionali quot case altmark tran publish op cit paragraph case scenario measur question kind mention court paragraph altmark rule quot payment member state compens loss incur undertak paramet compens establish turn event oper servic connect discharg public servic oblig econom viabl constitut financi measur fall concept state aid mean articl treati quot altmark footnot paragraph paragraph court examin question state payment transport undertak classifi state aid found compat common market mean articl treati reimburs discharg public servic oblig rule possibl provid bind condit laid secondari legisl transport sector met mutati mutandi reason appli undertak entrust sgei transport sector relat articl point commun point commun articl law articl rai conclud contract valuabl consider administr bodi interest servic point commun commission parlamentar indirizzo general la vigilanza dei servizi radiotelevisivi autorità garant la radiodiffusion editoria articl convent articl convent articl convent articl convent oj direct amend direct ec oj gener cost relat public servic benefit commerci activ cost proportion alloc activ basi criteria prevent broadcast alloc cost basi account principl explain consist appli object justifi commiss focus investig price quot spot quot repres bulk advertis market complain appear refer emerg form advertis quot telepromot quot basi inform contain rai financi statement distinguish subsidiari involv provis public servic involv commerci exploit servic commiss prudent approach exclud cost item present rai profit loss account link subsidiari verifi correct transfer price rai subsidiari basi rai financi statement commiss adopt prudent approach deduct revenu receiv rai subsidiari includ dividend reason mention previou footnot made distinct subsidiari involv provis public servic involv commerci exploit servic commiss aid decis nn state financ danish public broadcast tv mean licenc fee measur paragraph oj decis italian antitrust author decemb view share italian autonom author garant la radiodiffusion editoria report pp refer absolut opac market note radio advertis revenu repres limit compon market bulk market made televis advertis lastli point advertis market concentr hand sipra publitalia rai mediaset advertis agenc letter inter alia commiss competit director gener mediaset acknowledg provid signific evid rai discount practic state occas rai grant excess discount identifi case mediaset submit tabl averag discount grant rai ad difficult measur effect individu discount basi data averag discount tabl reproduc garant report advertis revenu repres rai total revenu fact advertis ceil forc rai sell advertis time sold show opportun rai sell lower price garant report refer increas rai advertis space fall averag advertis price minut increas total advertis revenu averag price minut case rai channel higher mediaset channel report confirm tendenc advertis time higher advertis revenu rai repres commiss competit director gener met mediaset submit document state object complaint inter alia limit rai access advertis resourc commun public servic broadcast maximis advertis revenu reduc state compens addit mediaset assert rai violat advertis limit sought financi resourc annex complaint octob collect public statement rai manag tend demonstr rai intent maintain high audienc share order continu gener high advertis revenu appear maximis advertis revenu declar polici rai reaffirm circumst rai manag ordin di servizio june pp attach correspond italian author june advertis increasingli import sourc revenu rai letter mention admit mediaset figur averag discount signific prove exist price undercut footnot commiss refer econom result rti spa legal entiti hold televis concess rai competitor