The last time pan-European private companies (SPEs) were seriously proposed (2008) opposition from the German government blocked the proposals, the idea limped along until finally being ditched in 2014 after disputes in the European Parliament about worker representation on boards.
SPEs were supposed to follow on from SEs (public companies, introduced in 2004) and SCEs (cooperative societies, introduced in 2006).
>The ultimate aim is to create a new truly European company structure. We call it EU Inc., with a single and simple set of rules that will apply seamlessly all over our Union.
I hope this is an indication that the Commission proposal will be for a Regulation and not a Directive.
I still don't understand why it's been such a contentious decision to pick between the two.
>Imagine you have an AI button. When you click it, the locally running LLM gets a copy of the web site in the context window, and you get to ask it a prompt, e.g. "summarize this".
but.. why? I can read the website myself. That's why I'm on the website.
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