On April 27, 2020, the French financial markets authority, the Autorité des marchés financiers (AMF), published various proposals with respect to the shareholder activism controversy in France. Following the publication of recommendations and proposals by several French institutions, organizations and think tanks in late 2019 and January 2020, the AMF has proposed new measures to better control excessive behavior in – but not to prevent – shareholder activism campaigns. These measures aim at improving transparency of market transactions and dialogue between shareholders and issuers, and at strengthening the AMF’s analysis and response capabilities during activist campaigns.