UPDATE 2-EU vows legal action over revised VW law

Newswire

(Adds EU reaction, background, updates shares) By Noah Barkin and Christiaan Hetzner BERLIN/FRANKFURT, May 27 (Reuters) - The European Union threatened to drag Germany back to court on Tuesday, over a law shielding Volkswagen from predators, a victory for Porsche in its battle to control Europe's largest carmaker. The European Court of Justice ruled last year that the so-called "Volkswagen Law", in place since the company's privatisation in 1960 and an impediment to Porsche's VW ...

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