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France should play by EU rules in industry plans, says Brussels

The European Commission has reacted cooly to plans by the French government to set up a list of industry sectors in which it would restrict takeovers of the country's key companies by foreign bidders.

French industry minister Francois Loos spelled out the idea in an interview with Les Echos on Monday (29 august), commenting on the rumours about the expected foreign buyouts of a nickel firm Eramet and a food group Danone.

The issue has been given considerable political attention, ...

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