Financial Times FT.com

Brussels drops ‘one share, one vote’ plan

By Andrew Bounds in Brussels and Kate Burgess in London

Published: October 3 2007 20:26 | Last updated: October 4 2007 03:39

Plans to force companies to give all shareholders an equal say in the running of companies were dropped on Wednesday by the European Commission.

Charlie McCreevy, the internal market commissioner, said that since he could not make an economic case for “one share, one vote” he was abandoning his two-year campaign, which had faced fierce opposition.

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