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Verbatim report of proceedings
Wednesday, 21 April 2004 - Strasbourg OJ edition

Vote (continuation)

  Andreasen, Busk, Jensen, Riis-Jørgensen and Sørensen (ELDR), in writing. (DA) If the principle of ‘one share – one vote’ is introduced into all legislation there is a risk of legislation having retroactive effect, with the present ownership being changed and thus expropriation taking place.

We think, instead, that the market itself must define the forms of ownership that it wishes to reward. For these reasons we have been unable to support the introduction through legislation of the principle of ‘one share – one vote’ as a general principle.

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