Germany’s Economy Minister Peter Altmaier announced a new law that would give his government a veto over non-EU takeovers as well as the ability to step in during the nationalisation process of a strategic company.
“It can go as far as the state taking temporary stakes in companies - not to nationalise - them and run them in the long run, but to prevent key technologies being sold off and leaving the country,” Altmaier said.
Until recently, the terms “national” and “industrial policy” were co...
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