EU takes Germany to court over Volkswagen protection law
World NewsNov 25, 2011
BRUSSELS (AFP) ― The European Commission decided on Thursday to haul Germany before the top EU court for failing to scrap a law that protects auto giant Volkswagen from potential takeover bids.The EU competition watchdog wants the court to impose fines on Germany for every day that it fails to cancel the law, which gives the administration or Land of Lower Saxony the power to block bids even though it is a minority shareholder in VW.The commission said the German government had failed to abide b