European Court of Justice says, the so-called Volkswagen law violates the free flow of capital - je 23.10.2007 18

Time to get back to business. For 40 years, Volkswagen has enjoyed special legal protection from hostile takeovers. That ended Tuesday when the European Court of Justice said the so-called Volkswagen law violates the free flow of capital. This is part of a movement in the European Union to undo economic protectionism and open up markets.