Judgment of the Court of First Instance (Fifth Chamber) of 4 March 2009.#Italian Republic v Commission of the European Communities.#State aid - Aid scheme established by the Italian authorities for certain undertakings for collective investment in transferable securities specialised in shares of small- and medium-capitalisation companies - Decision declaring the aid to be incompatible with the common market - Obligation to state reasons - Selective nature of the measure - Effect on trade between the Member States and distortion of competition - Article 87(3)(c) EC.#Case T-424/05.

ECLI:EU:T:2009:49Eu Chamb 05 TMar 4, 2009