Berlin – The Young Digital Economy Advisory Board caused a scandal. The committee, which also advises Economics Minister Peter Altmaier (CDU), demanded in a position paper that freedom of the press in Germany be restricted. According to the Handelsblatt, the letter speaks of “disciplining the press to provide factual, correct and complete information”. Specifically, a “regulation of rules to avoid unilaterally defamatory articles” was proposed.
The authors named were Amorelie founder Lea-Sophie Cramer, investor Christoph Gerlinger from the German Startups Group and Alex von Frankenberg, managing director of the High-Tech Gründerfonds. The background to the initiative is the ailing IPO market. IPO is the abbreviation for “Initial Public Offering”, so it is about going public and the initial offering of shares by a company. In this country this is also called new issue.
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