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EC wants French answer

The European Commission will this week escalate its war of words with France in a letter demanding more explanation over its controversial list of 11 protected business sectors.

A source close to the French government said it had been warned about the arrival of the letter, which will give France two months to clarify its policy on keeping sensitive business sectors out of the grasp of foreign takeovers. The EC is threatening France with legal action if it does not comply.

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