DANISH COMPANY LAW AND THE ATTEMPT TO CRE ATE AN EUROPEAN LAW OF CONCERNS

A group of companies - a concern - is often said to be an economic uni t. The companies, however; are independent units subject to ordinary c ompany law. The difference in the position in law and in economics is striking. The attempt to create an European law of concerns after Germ an pattern has not been succesful. The author tries to state the actua l position of Danish company law based on the general rules of liabili ty and minority protection and argues that this position rests on a so und rationale.