Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-05-10-Speech-2-150"
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"en.20050510.20.2-150"2
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".
The purpose of this proposal for a directive is to facilitate cross-border mergers of companies with share capital, although I welcome the fact that it does not cover cooperative societies.
Broadly speaking, the report deals more with the companies themselves than with the repercussions of mergers on the lives of workers and regions, although it does mention that the draft terms of the merger should include the effects of the merger on employment and the opinion of the employees. It does not consider that opinion binding, however, and does not provide for the merger to be rejected if that opinion is negative.
With regard to the employees’ right to participate, there are some contradictions, which means that even some of the positive aspects will ultimately be difficult to put into practice, in light of the context of which they form a part."@en1
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