Campaigners behind EU Inc have accused lawmakers of gutting plans for a landmark pan-European company structure, warning the reforms have been reduced to a fast-track incorporation scheme. They claim the proposal was watered down during negotiations, stripping away key provisions that would have created a unified legal framework across the EU.
The original vision included a comprehensive structure allowing companies to operate seamlessly across member states. However, lawmakers reportedly scaled back ambitions, leaving only a streamlined process for incorporation. Critics argue this undermines the initiative's core purpose of fostering a genuine single market for businesses.
EU Inc supporters had hoped the reform would simplify cross-border operations, reduce regulatory burdens, and encourage innovation. Instead, they say the final version falls short of meaningful change. The campaign now urges renewed pressure on legislators to restore the reform's original scope.
Lawmakers deny deliberately weakening the proposal, citing practical constraints and compromise as necessary for passage. The debate continues as stakeholders assess next steps for advancing the initiative.
The European Commission has not yet responded to requests for comment.
Source: Sifted · Summarized by HeadlinesBriefing