Judgment_paragraph 41 · United Kingdom of Great Britain and Northern Ireland v European Parliament and Council of the European Union (C-270/12)

41At pages 152 and 154 of Meroni v High Authority, the Court stated, in essence, that the consequences resulting from a delegation of powers are very different depending on whether it involves clearly defined executive powers the exercise of which can, therefore, be subject to strict review in the light of objective criteria determined by the delegating authority, or whether it involves a ‘discretionary power implying a wide margin of discretion which may, according to the use which is made of it, make possible the execution of actual economic policy’.