Shearman Logo

balance scale

Sep 02, 2014

Resurgence of Protectionism – Can European Member States Really Do Whatever They Want to Foreign Takeovers?

Subscribe

Jump to...

 
EU Competition Commissioner Joaquín Almunia recently cited the French initiatives to block the GE-Alstom deal as an example of “worrying signals of protectionist threats” in Europe. France is not however to be singled out. EU Member States have sought to protect their national champions for decades, relying, among others, on an EU merger provision which allows Member States to take measures to protect their legitimate interests.

View full memo, Resurgence of Protectionism – Can European Member States Really Do Whatever They Want to Foreign Takeovers?

Practices