EU rules ‘golden shares’ illegal

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Series Title
Series Details 14.5.03, p1
Publication Date 14/05/2003
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The European Court of Justice ruled on 13 May 2003 that the holding of 'golden shares' in privatised companies was illegal. The ruling could make it difficult for governments to use such methods to protect national industries from takeover.

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http://europa.eu/rapid/pressReleasesAction.do?reference=CJE/03/37&format=HTML&rapid=0&language=EN&guiLanguage=en http://europa.eu/rapid/pressReleasesAction.do?reference=CJE/03/37&format=HTML&rapid=0&language=EN&guiLanguage=en

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