A certain amount of deflection of trade and distortion of competition may, in particular, occur in the final period of price alignment and when common prices are applied throughout the Community.
Before the end of the third year, the Council shall, on the basis of a report from the Commission, carry out a comprehensive examination of the development of the transaction of the Fund as a whole, the nature of expenditure from the Fund, the conditions governing the eligibility of that expenditure, the apportionment of the revenue of the Fund, and the progress made in implementing the common agricultural policy, and in particular the guidance of agricultural production in Member states, price harmonisation, and the development of intra-Community trade.
