In the context of the worldwide economic crisis due to the COVID-19 pandemic, France has reinforced its protection of French companies from foreign investments by extending existing measures and slowing down or vetoing negotiations if deemed necessary. This article discusses cases which show the government's impartiality when it comes to protecting France's sensitive sectors regardless of the country from which the foreign investor comes and the relationship that France has with such country.

The Supreme Court recently reached a decision concerning an appeal case against the National Court's annulment of a National Securities Market Commission agreement authorising a buy-out takeover. In particular, the Supreme Court took a stand on the potential conflicts of interest between the proposed evaluation report and the price offered in the takeover framework when the evaluation report is carried out by an independent expert.