Honestly, I’m concerned that this will just lead to mega corporations with way too much influence on politics and turn Europe in an oligarchy like the US
This is just a proposal to unify company rights. It makes it easier for everyone to set up companies without the hassle of having to deal with the individual rules for companies in every independent country. That is a plus for everyone, even if your company is small. In fact, it makes expanding business activities abroad more reachable to small businesses as it does away with a lot of expensive and specific legal requirements.
Honestly, I’m concerned that this will just lead to mega corporations with way too much influence on politics and turn Europe in an oligarchy like the US
But you can already have a megacorporation on the EU level, the Societas Europaea (SE). Like Airbus.
This new thing sounds more like they want to make it easier for everybody else.
This is just a proposal to unify company rights. It makes it easier for everyone to set up companies without the hassle of having to deal with the individual rules for companies in every independent country. That is a plus for everyone, even if your company is small. In fact, it makes expanding business activities abroad more reachable to small businesses as it does away with a lot of expensive and specific legal requirements.