{"id":274,"date":"2024-06-28T04:48:23","date_gmt":"2024-06-28T01:48:23","guid":{"rendered":"https:\/\/100freespinsnodepositbookofdead.icu\/2024\/06\/28\/eu-investigates-french-lottery-firm-over-exclusive-rights\/"},"modified":"2024-06-28T04:48:23","modified_gmt":"2024-06-28T01:48:23","slug":"eu-investigates-french-lottery-firm-over-exclusive-rights","status":"publish","type":"post","link":"https:\/\/100freespinsnodepositbookofdead.icu\/2024\/06\/28\/eu-investigates-french-lottery-firm-over-exclusive-rights\/","title":{"rendered":"EU Investigates French Lottery Firm Over Exclusive Rights"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/utEYj_N9h7c\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The European Union&#8217;s executive branch is examining the French National Lottery Company (FDJ) to ascertain if the choice to bestow upon FDJ a 25-year exclusive right to conduct lotteries and retail betting in France following its privatization breaches EU legislation.<\/p>\n<p>FDJ has possessed these privileges since its establishment, initially indefinitely, as it was a government-owned monopoly. Nevertheless, in 2019, the organization was privatized via an initial public offering (IPO) for \u20ac1.89 billion.<\/p>\n<p>No longer a state-owned entity, FDJ remitted \u20ac380 million (\u00a3325 million\/$448.4 million) to the French government to retain the exclusive right to provide lotteries and retail betting.<\/p>\n<p>However, this action has ignited two grievances asserting that the agreement contravenes EU state aid legislation.<\/p>\n<p>According to EU law, member states are forbidden from granting &#8220;specific firms or sectors, or companies situated in a specific region&#8221; an advantage through interventions such as tax rates, in a manner that influences trade, although exemptions can be granted on a case-by-case basis, such as for state-owned monopolies. <\/p>\n<p>The European Union&#8217;s executive branch is looking into whether the French national lottery firm, FDJ, is receiving an undue benefit from its present compensation framework. They aim to ensure the company&#8217;s remuneration aligns with industry norms. <\/p>\n<p>The Commission asserts they haven&#8217;t determined if the company is engaging in any wrongdoing, but they desire to provide France and all stakeholders an opportunity to express their views on the matter. <\/p>\n<p>FDJ maintains they have committed no violations and are eager to collaborate with the inquiry. They state they will furnish all required documentation to demonstrate their business practices adhere to both French and European legal standards. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Union&#8217;s executive branch is examining the French National Lottery Company (FDJ) to ascertain if the choice to bestow upon FDJ a 25-year exclusive right to conduct lotteries and retail betting in France following its privatization breaches EU legislation. FDJ has possessed these privileges since its establishment, initially indefinitely, as it was a government-owned [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EU Scrutinizes French Lottery Monopoly: Is FDJ<\/title>\n<meta name=\"description\" content=\"The European Union is investigating whether FDJ\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/100freespinsnodepositbookofdead.icu\/2024\/06\/28\/eu-investigates-french-lottery-firm-over-exclusive-rights\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"EU Investigates French Lottery Firm Over Exclusive Rights\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"The European Union is investigating whether FDJ\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/100freespinsnodepositbookofdead.icu\/2024\/06\/28\/eu-investigates-french-lottery-firm-over-exclusive-rights\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Stay Informed with the Latest Casino News &amp; Licensed Games\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T01:48:23+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/100freespinsnodepositbookofdead.icu\/2024\/06\/28\/eu-investigates-french-lottery-firm-over-exclusive-rights\/\",\"url\":\"https:\/\/100freespinsnodepositbookofdead.icu\/2024\/06\/28\/eu-investigates-french-lottery-firm-over-exclusive-rights\/\",\"name\":\"EU Scrutinizes French Lottery Monopoly: Is FDJ\",\"isPartOf\":{\"@id\":\"https:\/\/100freespinsnodepositbookofdead.icu\/#website\"},\"datePublished\":\"2024-06-28T01:48:23+00:00\",\"dateModified\":\"2024-06-28T01:48:23+00:00\",\"author\":{\"@id\":\"https:\/\/100freespinsnodepositbookofdead.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"The European Union is investigating whether FDJ\",\"breadcrumb\":{\"@id\":\"https:\/\/100freespinsnodepositbookofdead.icu\/2024\/06\/28\/eu-investigates-french-lottery-firm-over-exclusive-rights\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/100freespinsnodepositbookofdead.icu\/2024\/06\/28\/eu-investigates-french-lottery-firm-over-exclusive-rights\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/100freespinsnodepositbookofdead.icu\/2024\/06\/28\/eu-investigates-french-lottery-firm-over-exclusive-rights\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/100freespinsnodepositbookofdead.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EU Investigates French Lottery Firm Over Exclusive Rights\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/100freespinsnodepositbookofdead.icu\/#website\",\"url\":\"https:\/\/100freespinsnodepositbookofdead.icu\/\",\"name\":\"Stay Informed with the Latest Casino News &amp; Licensed Games\",\"description\":\"Experience the excitement of licensed online gambling with our comprehensive news, in-depth reviews, and expert insights. 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