A new law against foreign takeovers

The German government plans to pass a new law preventing foreign investors from acquiring a stake of over 25 percent in German companies. Robert von Heusinger approves of the measure. "The German government is right to make provisions enabling it to reverse foreign investments in emergency situations. In doing so it is simply catching up with other Western nations. Many governments have already introduced such legislation and compared to the American or French variants the German draft bill is relatively mild. With its new takeover law Germany is simply putting to one side the naïve belief that the free market would regulate the situation. Up to now no other European country has had such liberal takeover laws. But all in all this has done Germany more harm than good."

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