| Author (Corporate) | European Court of Justice: Press and Information Division |
|---|---|
| Series Title | Press Release |
| Series Details | No. 86, 2007 (6.12.07) |
| Publication Date | 06/12/2007 |
| Content Type | News |
|
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 |
| Subject Categories | Internal Markets, Law |
| Countries / Regions | Europe, Italy |
