EU's top court strikes down VW law
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The European Union's  highest court on Tuesday struck down a German law that shielded  Volkswagen  from takeover, paving the way for Porsche  to take majority control of Europe's biggest carmaker.
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BRUSSELS, Belgium -- The European Commission said Wednesday it had dropped its antitrust investigation into mobile phone roaming prices charged by operators in Britain and Germany after new EU rules forcing telecom companies to cut the cost of using mobile phones abroad.
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The European Commission has begun legal action against Germany over the so-called &quot;Volkswagen law&quot; which protects the carmaker from hostile takeovers.
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A top European court has summoned all the parties involved in the European Union&#39;s antitrust case against Microsoft to a meeting in Luxembourg on Thursday after two prominent opponents of Microsoft withdrew from the proceedings, a court official has said.
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The EU Commission on Wednesday dragged Berlin to court over a law that shields carmaking icon Volkswagen from hostile takeovers, the culmination of a long campaign to break down barriers to foreign investment.
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The EU Commission in Brussels is to determine whether German car giant Volkswagen fulfilled necessary legal requirements in the way it announced large-scale job cuts at its factory in Brussels, a top EU official has said.
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FRANKFURT - Sports car maker Porsche has an open road to make another bid for Volkswagen now that the European Union's highest court struck down the nearly 50-year-old "VW law" enacted to protect Europe's largest automaker from a hostile takeover.
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The European Court of Justice has rejected a legal bid to allow online European shoppers to purchase cheap cigarettes and alcohol anywhere throughout the EU.
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The European Commission said Monday that it has threatened the German government with legal action unless it scraps a new law that protects Deutsche Telekom AG from competition in the broadband Internet access market.
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"The European Commission has let car makers drive away with a proposal that sets a weak, short-term standard ... and offers an open road to heavy, gas-guzzling vehicles"  Automobile manufacturers will have to limit car emissions in Europe by 2012 or face big fines, under proposals released Wednesday by the European Union. via MLive.com
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Germany is in an uproar as the Social Democrats suggest putting a limit on how fast cars can go on the limitless autobahn
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The European Union&#39;s head office took Germany to court Wednesday to challenge a German law that effectively protects Volkswagen AG, one of the country&#39;s biggest employers, from hostile takeovers.
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FRANKFURT, Germany -- The European Union's highest court struck down a German law shielding Volkswagen AG from hostile takeovers, clearing a path for Porsche AG to increase its influence _ and possibly even take control _ at Europe's biggest automaker.
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A German law that prevents a foreign takeover of carmaker Volkswagen is ruled illegal by a European court.
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The European Union executive body dropped disciplinary action against serial deficit offenders France and Germany, ending a three-year standoff that left the eurozone's budget rules crippled.
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The European Union&#039;s top court scrapped a controversial EU decision approving the transfer of personal data about European air passengers to US authorities.
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The ruling allows Porsche to take over Volkswagen and is a milestone in Europeâs development of an open market.