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European founders and VCs urge lawmakers ‘to get EU Inc right’

Source: TechCrunch

Regulation & LegislationPrivate Markets & VentureTechnology & Innovation

Founders and investors of European unicorns signed an open letter warning that the proposed EU-wide corporate status, dubbed “EU Inc,” could lose effectiveness if diluted during negotiations. The signatories are advocating for a robust, harmonized legal framework intended to improve conditions for high-growth companies and venture-backed businesses across the EU.

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