Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-04-12-Speech-2-268"
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"en.20050412.29.2-268"2
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".
The Commission doubted the compatibility of the investment project with the EC State Aid Control rules for two main reasons.
Firstly, there was a real risk of distortion of the conditions of competition since Intel has very significant market power in microchip production, and the aid would allow the company to reinforce its dominance.
Secondly, on the basis of the information submitted, the investment project appeared to be for the large-scale manufacturing of microchips. There was no indication that research and development activity would be transferred to Europe, nor of the creation of new jobs at the Leixlip site.
As you know, Leixlip is located in a prosperous region that may not be eligible for regional aid after 2006. Any regional investment aid therefore needs to refer to a project scheduled to start before the end of 2006, which was not the case with Modules II and III of the investment project.
For these reasons the Commission envisaged to launch an in-depth inquiry according to state aid rules, in order to analyse the balance of the positive and negative aspects of the aid. However, the Irish authorities decided to withdraw the notification before any Commission decision was taken."@en1
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