As regards the criterion of whether the measures granted an ‘advantage which it would not have obtained under normal market conditions’ because a private investor, guided by the prospect of profitability in the long run, would not have given the same support, the Commission doubted that a private investor would have provided capital as the LG did, given ÅI’s long record of losses or, at best, very modest profits.
Seoses kriteeriumiga, kas meetmetega anti eelis, mida ettevõtja ei oleks saanud tavapärastel turutingimustel, sest pikas perspektiivis kasumlikkuse väljavaatest juhinduv eraõiguslik investor ei oleks andnud samasugust toetust, kahtles komisjon, kas eraõiguslik investor oleks ettevõtja ÅI pikaajalist kahjumit või siis parimal juhul väga tagasihoidlikku kasumit arvesse võttes kapitali andnud, nagu tegi seda Ahvenamaa KOV.