EU court fight looms over ‘golden shares’

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Series Title
Series Details 31.1.03, p8
Publication Date 31/01/2003
Content Type

The European Commission is to take legal action against Italy, the Netherlands and Denmark for blocking takeovers of former state-owned companies. The move is part of the Commission's drive to stamp out 'golden shares' allowing governments to veto takeovers which the Commission regards as a breach of the European Union's single market.

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