These criteria were based on the existence of objective and verifiable evidence showing that the decision by the Member State was to make an investment in the public undertaking on the basis of economic evaluations comparable to those which a rational private investor would have had carried out, before making the investment, in order to determine its future profitability [11].
Aucune disposition budgétaire expresse ne pré-affectait cette ressource fiscale au profit d'EDF, pas plus que des règles ou contrôles en matière d'investissements n'avaient été mis en œuvre pour fournir une base juridique à l'investissement prétendu.