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Image header Agence Europe
Europe Daily Bulletin No. 9276
Contents Publication in full By article 38 / 54
GENERAL NEWS / (eu) eu/court of justice/internal market

Dutch golden shares in KPN and TPG infringe European legislation

Brussels, 29/09/2006 (Agence Europe) - On Thursday, the Court declared the golden shares held by the Dutch government in the telecommunications company KPN and the postal and freight delivery company TPG (now TNT) to be illegal. They considered that the golden shares restricted the free movement of capital and dissuaded private players from taking shares in the capital of the two companies. Asked about the repercussions of the ruling on another case concerning the Land of Lower Saxony's...

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