2012/109/EU: Commission Decision of 20 April 2011 concerning State aid C 19/09 (ex N 64/09) which Denmark intends to implement regarding the restructuring of TV2 Danmark A/S (notified under document C(2011) 2614) Text with EEA relevance
Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Subject to full compliance with the restructuring plan as notified on 4 February 2009 and to the conditions set out in Articles 2, 3 and 4, the facility which Denmark granted to TV2 and which was authorised as rescue aid by the Commission in its decision of 4 August 2008 is compatible with the internal market.
As of the date of this Decision, the rescue aid facility which Denmark granted to TV2 and which was authorised by the Commission in its decision of 4 August 2008 shall be repealed. None of the other aid measures notified by Denmark to the Commission on 4 February 2009 may be implemented.
The compensatory measure proposed by Denmark that prohibits TV2 from opening new television or radio broadcasting channels shall remain in place until the notified end of the restructuring period, 31 December 2012. However, if TV2 is allowed to raise subscription fees (end-user charges) before that date, the obligation not to open new radio and television channels ceases to exist as of that date.
The Danish Government shall instruct an independent financial expert at the end of 2012 or early in 2013 to conduct an analysis of TV2’s capital structure, comparing it with the capital structure of other relevant media companies. If TV2’s capital structure deviates markedly from the median or average of the relevant peer group, the Danish Government shall adjust the capital structure at the meeting of the General Assembly in April 2013, in order to rectify any such deviation.
Denmark shall inform the Commission, within 2 months of notification of this Decision, of the measures taken to comply with it.
This Decision is addressed to the Kingdom of Denmark.
Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.