| The German Government stressed that it agreed with the Commission as regards the distortive effect of the SWB scheme. |
| The aid would cover an operational cost normally borne by the company, and would therefore constitute distortive operating aid. |
| Therefore, any potential distortive effects would be limited to a small part of established operators markets. |
| It should be in proportion to the distortive effects of the aid and to the relative importance of the firm on its market or markets. |
| Regulated retail tariffs can have highly distortive effects and in certain cases preempt the creation of liberalised markets. |
| Moreover, Measures A and D were divided into payment tranches to counterbalance any possible distortive effects. |
