Because golden power can turn out to be a boomerang for our interests
1 year ago
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Once upon a time there was the handyman state, from cars to panettone. Then from 1994 when the privatization era begins, the public hand passes to a lighter touch through the golden sharethat is even a small share, but such as to determine the choices of the company. So everyone does, it was said, just think of French Colbertism or the waterproof Modell Deutschland. In 2012 the state puts on the velvet glove and the golden power is introduced: the state reserves the power to intervene to protect companies in strategic sectors subject to hostile or predatory interests. The rule also applies in EU countries and leaves an important role to the judiciary.
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