We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

EC Prepares Showdown Over French Protectionism

Law360 (March 31, 2006, 12:00 AM EST) -- A dispute over European competition policy is on the verge of boiling over, as the European Commission prepares to make an example out of France’s alleged economic nationalism—a move that could lead to a courtroom showdown between Brussels and Paris.

The Commission told reporters that officials agreed to send a warning letter to Paris Monday threatening a legal challenge to recent French legislation that shelters 11 strategic economic sectors from foreign takeovers in the name of national security.

The law allows Paris to block foreign takeovers...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.