Trying To Ban Pfizer’s Bid For AstraZeneca Would Be Illegal
The national politicians in Europe don’t seem to know which powers they’ve signed away to the European Union. Therefore they continue to pose and preen on certain subjects, even to threaten certain actions, when they simply do not have the legal power to do what they’re proposing. So it is with the various noises that people are making about trying to ban Pfizer from taking over AstraZeneca. It’s simply not legal to ban such a takeover on the sort of grounds that people are proposing.
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