In 2012, Peugeot announced that it would shutter its factory in Aulnay-sous-Blois, costing 8,000 workers their jobs. President Hollande immediately denounced the proposed downsizing and pressured the...

In 2012, Peugeot announced that it would shutter its factory in Aulnay-sous-Blois, costing 8,000 workers their jobs. President Hollande immediately denounced the proposed downsizing and pressured the company to change its plans and business strategy. He offered the company’s finance subsidiary €7 billion in credit guarantees if Peugeot would rethink its plant closure plans and add representatives of the workers and of the state to its board of directors. Do you agree with his actions? Are his actions consistent with France’s obligations under the Treaty of Rome to promote a common market?