Last time France allowed a huge merger/acquisition without asking to read the books, it was Alstom/GE, and GE books were so cooked it isn't even funny. Lot of people lost their jobs, a lot of the tech edge got lost, and now China is close to be a market leader.
So personally I think that finance guys should move their head from their asses and allow for inquiries, because their lies and deceit are damaging the society they live in. Maybe we should hold board members and C-suite all responsible when books are cooked, and maybe, when they're proven trustworthy, the red tape might decrease.