Germany may abolish law protecting Volkswagen from public influence | Factae
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Germany may abolish law protecting Volkswagen from public influence Lower Saxony and unions are blocking Volkswagen 's restructuring, according to a Swiss media outlet.
Published 13h · 1 source Notable
The fact The *VW-Gesetz* limits shareholders' voting rights to preserve public influence.
Its abolition would boost private investment and the group's competitiveness.
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Why it matters Cette loi, unique en Europe, fige l’actionnariat de Volkswagen depuis 1960 et freine sa modernisation face à la concurrence chinoise et américaine. Sa suppression pourrait servir de modèle pour d’autres entreprises publiques en difficulté.
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