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Isn't Norway operating under a form of capitalism as well as owning controlling share of Statoil? Why mention China or Russia? I guess Norway is not a member o

• kwhitefoot 3y ago
  Norway retaining a controlling share in Statoil, now Equinor, is not quite the same as buying a startup or indeed buying any other company. Statoil was created by the state not bought by it. If anything Statoil is an example of the very opposite idea and that is that Norway has sold shares in a company set up by the state rather than bought shares in an already existing company.
• kergonath 3y ago
  The EU is not a state. There is no possible way of having something like nationalisation at the EU level. So whilst nationalised companies exist in different member-states (almost all of them, I would think), the EU still cannot do that.
• wongarsu 3y ago
  There is also the German state of Lower Saxony holding 12% of Volkswagen, and of course lots of countries fully or partially owning technically private organizations in infrastructure, transportation and communication. So "generally" is doing some lifting here. It's not that this never happens, but it is the exception. It would be highly unusual for the EU to just directly invest in companies like that.