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