Academic year, Fall term part I. (20 Points) Reading. (10 points) Complete the text with one the words in the box. You will not need all the words

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Tashkent State University of Law 
English for Law students 
Final exam paper for 2nd year students’
2021-2022 academic year, Fall term 
 
PART I. (20 POINTS)

Reading. (10 points) 
Complete the text with one the words in the box. You will not need all the 
words.
a)
Justificati
on 
b)
power 
c)
Cour
t 
d)
internatio
nal 
e)
legitima
te 
f)
movemen
t 
g)
copyrig
ht 
h)
law 
i)
privatized 
j)
sue 
A closer look at the European High Court decisions and what they mean for 
European M&A On June 4,2002, the European High Court issued three decisions 
regarding 'golden shares', Le. special shareholder rights designed to enable national 
governments of EU member stales to retain certain controls over formerly 
government-owned and subsequently 
1
privatised
business enterprises. The press 
over-eagerly announced the end of golden shares in Europe. 
A closer look at the decisions, however, reveals that this is not yet the case. First, 
the Court struck down only two of the three golden-share schemes at issue (namely 
the French government's special rights in Etf-Acquitaine and Portugal's law on 
privatisations), but upheld the Belgian regulation. Second, the Court held that 
special governmental shareholder rights will be considered justified, even though 
they constitute a restriction of the free 
2
. 
movement
of capital, if they: are 
designed to safeguard the provision of services in the public interest or strategic 
services as opposed to mere financial interests; layout well-defined procedures and 
objective criteria that are subject to judicial review; and do not go beyond what is 
necessary to attain the objective pursued.
After the