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Legal Volkswagen Scrapped by Eu.
For 47 years, Germany is protected. Europe's largest automaker Volkswagen from German laws prohibit any friendly takeovers. Companies or individuals from receiving more 20 percent of the shares of Volkswagen. Although the law was almost half a century is now lost to the EU Court of Justice decided that the law Should be canceled.
scrapping of the law. But not severe as it was if Leading to buy Volkswagen is not. German company will be the responsibility of the Volkswagen law "to control in Germany. Today that the law was not Germany, not in danger of losing to competitors, Volkswagen far east or private. Equity capital is the Porsche, automaker Germany is the sight of the control of giant automaker.
European Court of Justice decision that sent a clear Message to members. And the EU will not protect the nation get in the way of free movement of capital. Volkswagen is a symbol of Germany since increased. Ashes of World War II and the new European pride. EU stance clear that no cow fears.
European Court of Justice decision that Legal Volkswagen cheer foreign investors to hold shares in Volkswagen is a German authorities exercise more influence in Lower Saxony state automaker to automaker's largest shareholder and are the two operational arms of government in the rank of Listed companies.
"This situation is liable directly inhibit investment. From other countries, "the court said in a statement. . Investors are limited to only percent. 20 the right to vote even if they own more than percent. 20 of the shares of Volkswagen. Beetle known and trusted auto parts such as