The Safeguarding of Employees’ Rights Arising from Collective Agreements in the Event of Transfers of Undertakings - Balancing the Tension between Employees’ and Employers’ Interests
Directive 2001/23/EC on the safeguarding of employees’ rights in the event of transfers of undertakings, aims primarily to protect employees from being placed in a less favourable position solely as a result of a transfer of an undertaking. Article 3(3) of the Directive, more particularly, provides that, upon a transfer of an undertaking, the new employer is bound by terms and conditions agreed in