Given the position of BPN in the Portuguese financial sector, and given that the financial sector is open to intense competition at Union level, and that BPN is competing with a significant number of subsidiaries of foreign banks in Portugal, the Commission considers that any advantage from state resources would have the potential to affect intra-Union trade and to distort competition within the meaning of Article 107(1) of the Treaty.
Võttes arvesse BPNi seisundit Portugali finantssektoris ja asjaolu, et finantssektor on avatud tihedale konkurentsile liidu tasandil, aga ka asjaolu, et BPN konkureerib Portugalis välispankade arvukate tütarettevõtjatega, leiab komisjon, et igasugune riigi ressursside arvel saadav eelis võib mõjutada liidusisest kaubandust ja kahjustada konkurentsi aluslepingu artikli 107 lõike 1 tähenduses.