Legal Principle in the Making
Edited by Andrea Biondi, Eglė Dagilytė and Esin Küçük
Chapter 9: On the content and scope of national and European solidarity under free movement rules: the case of golden shares and sovereign investments
At the core of this chapter lies the tension between the EU’s aims of market integration and the retention by national authorities of important powers in the carrying out of socio-economic activities. In this respect the chapter examines the concept of socio-economic protectionism under free movement rules in the context of the relationships between intra-EU golden shares, non-EU sovereign investments, services of general economic interest (SGEIs) and strategic industries. To this end, it argues that the multifaceted notion of solidarity, at national and EU levels, may serve for reaching a fair balance between the aims of economic/market regulation and those of social regulation.
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