The European Parliament takes the view that: an EPC must be able to merge , change its registered office, split and change into a European Company , as far as possible in accordance with Community law which has already been harmonised; in the absence of any relevant Community law, the provisions of the Member States which apply to comparable legal forms in the relevant Member State should apply; in this connection, rules on codetermination in the Member State in which the head office is located should apply in parallel to Community law; it must also be possible for national companies to convert into EPCs, with existing employee rights ...[+++] being maintained; this also applies to the re-conversion of an EPC into a national legal form.

The European Parliament takes the view that a EPC must be able to merge, change its registered office, split and change into a European joint stock company, as far as possible according to Community law which has already been harmonised; in the absence of any relevant Community law, the provisions of the Member States which apply to comparable legal forms in the relevant Member State should apply; that in this connection rules on codetermination in the Member State in which the head office is located should apply according to Community law; it must also be possible for national companies to convert into EPCs, with existing employee ri ...[+++]ghts being maintained; this also applies to the re-conversion of an EPC into a national legal form.

The European Parliament takes the view that: an EPC must be able to merge , change its registered office, split and change into a European Company , as far as possible in accordance with Community law which has already been harmonised; in the absence of any relevant Community law, the provisions of the Member States which apply to comparable legal forms in the relevant Member State should apply; in this connection, rules on codetermination in the Member State in which the head office is located should apply in parallel to Community law; it must also be possible for national companies to convert into EPCs, with existing employee rights ...[+++] being maintained; this also applies to the re-conversion of an EPC into a national legal form.

The Court went on to emphasise that cross-border merger operations, like other company transformation operations, meet needs for cooperation and consolidation between companies established in the various Member States.

Throughout the world, multi-ethnic and multi-cultural societies have failed, causing bloodshed, and yet there are many utopians even in this House who would like to conduct such experiments on our European societies.

To that extent, we will get out of the field and we will incorporate some of the concepts, such as going-private transactions and the fairness and regulatory principles that follow from regulating going-private transactions, and leave that for the commissions to do across the country" .