Monday, November 10, 2003

A proposal to limit the size of corporations in the EU

economy > proposals > interesting
"Rules should be made on the level of the European Union declaring an upper limit to the size of all enterprises that (want to) do business within the Union...
The intention of this proposal is nothing more and nothing less than restricting the power of the biggest enterprises.
Aiming at the European Union to take the initiative is obvious. Countries like the Netherlands, India or even France do not stand a chance: they would simply encounter the power of the transnational corporations that this proposal is confronting. The economic importance of the EU is enough to face this confrontation. Even after the ENRON- and WORLDCOM-scandals there little can be expected from the USA in decades ahead. Some sympathy can be expected from the UN but the UN itself lacks the power. "
Thought among similar lines is, sadly, scarce in the EU or anywhere...
Worth pondering I think... Though I'm all for it, anyway you cut it.

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