C'est pourquoi la Commission conclut que l'aide ne permet pas d'éviter des distorsions de concurrence excessives, étant donné que la restauration de la viabilité aurait désavantagé des entreprises concurrentes.
Therefore, the Commission also concludes that the aid does not avoid an undue distortion of competition since a return to viability would have led to a disadvantage of competitors.
C'est pourquoi la Commission conclut que l'aide ne permet pas d'éviter des distorsions de concurrence excessives, étant donné que la restauration de la viabilité aurait désavantagé des entreprises concurrentes.
This reduction in taxable income is in addition to the ordinary deduction of the costs involved in the IPO, which are recognised for tax purposes as any other business expense.
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