Judgment_paragraph 96 · Maxime Picard v European Commission (C-366/21 P)

96In order to determine whether an act produces such effects, it is necessary to examine the substance of that act and to assess its effects on the basis of objective criteria, such as the content of that act, taking into account, as appropriate, the context in which it was adopted and the powers of the institution which adopted the act (see, by analogy, judgments of 6 October 2021, Poggiolini v Parliament, C‑408/20 P, EU:C:2021:806, paragraph 32 and the case-law cited, and of 12 July 2022, Nord Stream 2 v Parliament and Council, C‑348/20 P, EU:C:2022:548, paragraph 63 and the case-law cited).