Brussels, 26/10/2006 (Agence Europe) - On 16 December 2003 the Commission concluded that the special tax regime applicable in France for takeovers of ailing companies under Article 44 septiès of the General Tax Code was incompatible with the state aid rules laid down in the EC Treaty and should be recovered from the recipients. The European Commission has now decided to institute proceedings in the Court of Justice in view of France's failure to comply with the Commission's 2003 decision...