
GOLDEN SHARES IN THE CJEU CASE-LAW. THE CONTRIBUTION OF VOLKSWAGEN I DECISION
(SGEM WORLD SCIENCE (SWS) Scholarly Society, 2023, Gina ORGA-DUMITRIU)
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Closely linked to the economic developments that followed after the Second World War, the emergence of golden shares was conceived as a way of preserving in favor of the public power the control over the companies initially owned by the state and subsequently privatized. They are shares that grant the state, as a shareholder, special prerogatives in companies that operate in strategic economic sectors (public security, defense, energy, telecommunications). Recognizing the state (minority in capital!) privileged fa...

