On 21 September 2022, the Court of Justice of the European Union (CJEU) issued its judgment concerning the European Commission's decision that Portugal's Madeira Free Zone scheme constituted illegal State aid. In the decision, issued in December 2020, the Commission found that Portugal's Madeira Free Zone scheme constituted illegal State aid, especially to the extent that aid was granted under the scheme to companies that had not met conditions as per prior Commission decisions. The conditi…