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Volkswagen loses takeover shield

Clipped to the Drawing Board by Adam Crighton  

 Your either in it - or your not - the EU that is and the rules should be the same for all - so......

STRIKING down one of Europe's most visible symbols of economic protectionism, the European Court of Justice ruled on Tuesday that a German law shielding Volkswagen from a hostile takeover illegally restricts the free flow of capital within Europe.

 

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bill (73) Senior board member | 2007-10-25 22:13:13
The funny thing at the moment is that the Chinese seem to have more of a free market economy than the West - restrictions in Europe, restrictions in the US - Go the Chinese. The west talks the talk but doesn't want to walk the walk
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Powered by JoomlaCommentCopyright (C) 2006 Frantisek Hliva. All rights reserved.Homepage: http://cavo.co.nr/

Thursday 25 October, 2007 07:00 PM
 
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"A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible" - Freeman Dyson