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Image header Agence Europe
Europe Daily Bulletin No. 9365
Contents Publication in full By article 23 / 40
GENERAL NEWS / (eu) eu/court of justice

Advocate General takes view that “Volkswagen Law” restricts free movement of capital

Luxembourg, 13/02/2007 (Agence Europe) - On Tuesday 13 February, Advocate General Mr Ruiz-Jarabo delivered his opinion on case C-112/05. He took the view that German legislation impeded competition, since it deprives shareholders in Volkswagen of management power corresponding to the number of shares they hold.

The Commission welcomes this opinion,” Oliver Drewes, spokesman for Internal Market Commissioner Charlie McCreevy, told press, while remaining cautious over the final ruling...

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