Judgment of the Court of Justice in Case C-463/04 and C-464/04. Federconsumatori and Others v Comune di Milano

Author (Corporate)
Series Title
Series Details No. 86, 2007 (6.12.07)
Publication Date 06/12/2007
Content Type

A privilege reserved to public bodies which allows them to exercise a level of control in a company limited by shares disproportionate to their shareholding infringes Community law. Italian legislation giving a public body the ability directly to appoint the members of the board of directors is liable to deter investors from other Member States.

Source Link http://curia.europa.eu/en/actu/communiques/cp07/aff/cp070086en.pdf
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