PUBLIC SECTOR: FOREIGN INVESTMENTS – PROTECTIONISM – FREE MOVEMENT OF CAPITAL

Foreign investments : The French Prime Minister adopts the executive order 2014-479, expending the range of activities requiring the approval of the Ministry of Economy

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Content "The choice we made with the Prime Minister was a choice of economic patriotism. These measures to protect France's strategic interests are a reconquest of our power. It is the end of laissez-faire" (remarks by Arnaud Montebourg, Le Monde, 15 May 2014). Decree 2014-479, adopted on the fringes of the Alstom takeover plans, does not introduce a new mechanism into the French legal landscape, but extends the scope of sectors for which foreign investment must be subject to prior authorisation. Article L. 151-3 of the Monetary and Financial Code (CMF), resulting from Law 2004-1343 of 9 December 2014, had thus introduced a prior authorisation procedure

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  • University Paris Nanterre

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Régis Lanneau, Foreign investments : The French Prime Minister adopts the executive order 2014-479, expending the range of activities requiring the approval of the Ministry of Economy, 14 May 2014, Concurrences N° 3-2014, Art. N° 68443, pp. 203-205

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