Re:EU to set 40% board quota for women by 2026
by wahern on Wednesday June 08, 2022 @04:24PM
(#31673480)
> Interesting - a similar California law was recently struck down
Notably, it was struck down by a California court as violating the California constitution.
> under what authority does the EU meddle in business like this?
According to https://ec.europa.eu/commission/presscorner/detail/en/ip_22_... the policy represents an agreement among the European Commission, European Council, and European Parliament, with the latter two still requiring a formal vote. And the EU mandate will actually be on member countries to pass enacting legislation within their jurisdiction.
Prudent policy or not, I don't think there's any way to spin this as an EU end-run around the democratic process or member state sovereignty.
And I don't think this policy applies to foreign corporations, only to companies incorporated in a member jurisdiction. (But I haven't read anything specifically mentioning the scope.)
Notably, it was struck down by a California court as violating the California constitution.
> under what authority does the EU meddle in business like this?
According to https://ec.europa.eu/commission/presscorner/detail/en/ip_22_... the policy represents an agreement among the European Commission, European Council, and European Parliament, with the latter two still requiring a formal vote. And the EU mandate will actually be on member countries to pass enacting legislation within their jurisdiction.
Prudent policy or not, I don't think there's any way to spin this as an EU end-run around the democratic process or member state sovereignty.
And I don't think this policy applies to foreign corporations, only to companies incorporated in a member jurisdiction. (But I haven't read anything specifically mentioning the scope.)