However, the choice of operating expense as profit level indicator does not reflect that level of risk since, as explained in recital 336, the use of operating expense as profit level indicator is generally associated with low-risk distributors [270].
RAISONNEMENT À TITRE ALTERNATIF: AVANTAGE SÉLECTIF DANS LE SEUL CADRE DU SYSTÈME DE RÉFÉRENCE LIMITE DE L'ARTICLE 25 DU TCA 97