The sum of three parts
With major global companies, a strong banking sector and the home of the EC the combined assets of the Benelux nations helps them to punch above their weight. Felicity Clarke looks at the in-house community
Individually, the Belgian, Netherlands and Luxembourg legal markets all pack a large punch for their comparatively small size. Brussels, of course, is the seat of the European Commission (EC); Amsterdam is home to large multinationals such as Shell, Unilever and Phillips; and Luxembourg’s financial muscle comes from its dominant banking sector. But together, as the Benelux market, their collective value far exceeds the sum of the three parts.
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