FRANCE: ECJ upholds Charentes ruling
"The Commission was fully entitled to find in the contested decision that the aid at issue was incompatible with the provisions governing the common organisation of a market," the court declared.
The French government had informed the EC that it was encouraging Cognac producers to switch to local wine production in a 1000-hectare area of the Charentes region, offering incentives for pulling up ugni blanc and planting other grape varieties.
The Commission subsequently ruled that the programme, conducted during the 1998/1999 and 1999/2000 vintages, violated state aid rules and ordered France to cancel the scheme and recover the funds it had granted.
- SABMiller in Cent'l & E Europe - What is for sale?
- A-B InBev and its SABMiller divestments - Focus
- Where does AB InBev see the future of beer?
- Brown-Forman's march on premium whisk(e)y -Comment
- Are consumers getting tired of consuming?
- Private equity poised for SABMiller Europe buy?
- AB InBev to sell SABMiller Cent'l, E Europe assets
- Leonardo DiCaprio joins Runa drinks board
- Remy Cointreau names new Travel Retail exec
- Brown-Forman appoints new GTR marketing head
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global travel retail insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Carbonates in India
- What Next for Beer and Brewers Following the MegaBrew Deal?