sentences:  In July 2007, he proposed the creation of European golden shares to protect certain European companies, such as EADS from foreign takeovers.The Commission has generally been against golden shares as they distort the Union's internal market, the idea is that EU golden shares would protect companies from outside influence but not other European companies.Mandelson stated that he did not intend to seek another term in the Commission after 2009 and in 2008 he stood down to join the British cabinet as Business secretary.