Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-07-04-Speech-3-113"
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"en.20010704.3.3-113"2
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".
The issue is about the institutional regulations of European big business regarding the acquisition and takeover of major companies.
On the one hand, there is the Anglo-Saxon tradition, characterised by
and open market principles. On the other hand, there is a corporate and protectionist continental tradition. It is no coincidence that one proposal was put forward by a German fellow member and that the counter-proposal in yesterday’s debate was advocated mostly by British fellow members.
Although Mr Lehne’s report contains certain corporate-patriarchal consideration for the staff of major companies, we do not believe that any of the alternatives serve the interests of employees. We reject them both and instead require the Commission to return with a proposal on this issue which deals with ways of protecting the interests and needs of employees and consumers in conjunction with the acquisition and takeover of major companies."@en1
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