51Next, if it were to be considered that a specific measure avoided application of Article 87(1) EC if it pursued an economic or industrial policy objective, such as the promotion of investment, that provision would have no practical effect. In accordance with settled case-law, it must therefore be held that the objective pursued by the measure in question cannot enable it to avoid being characterised as State aid within the meaning of Article 87(1) EC (judgments of the Court of Justice in France v Commission, cited in paragraph 31 above, paragraphs 20 and 21, Case C-75/97 Belgium v Commission [1999] ECR I-3671, paragraph 25, and of the Court of First Instance in CETM v Commission, cited in paragraph 23 above, paragraph 53).
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