| Author (Corporate) | European Court of Justice: Press and Information Division |
|---|---|
| Series Title | Press Release |
| Series Details | No.74, 2010 (8.7.10) |
| Publication Date | 08/07/2010 |
| Content Type | News |
|
The Portuguese State’s holding of ‘golden’ shares in Portugal Telecom constitutes an unjustified restriction on the free movement of capital. Those golden shares grant the Portuguese State influence over decision-making in the company which is liable to discourage investments from operators in other Member States. |
|
| Source Link | http://curia.europa.eu/jcms/upload/docs/application/pdf/2010-07/cp100074en.pdf |
| Subject Categories | Internal Markets, Law |
| Countries / Regions | Europe, Portugal |
