Judgment_paragraph 92 · Land Burgenland (C‑214/12 P), Grazer Wechselseitige Versicherung AG (C‑215/12 P) and Republic of Austria (C‑223/12 P) v European Commission (C-214/12 P, C-215/12 P, C-223/12 P)

92It is the Court’s settled case-law that the market price is the highest price which a private investor acting under normal competitive conditions is ready to pay for a company in the situation it is in (see Case C-390/98 Banks [2001] ECR I-6117, paragraph 77, and Case C-277/00 Germany v Commission [2004] ECR I-3925, paragraph 80).