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Old January 3rd 12, 12:33 PM posted to uk.railway,uk.transport.london,misc.transport.rail.europe
Recliner[_2_] Recliner[_2_] is offline
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Default Complete (almost) Shutdown of Berlin Train System - could it happen here...??

"Lüko Willms" wrote in message

Am 03.01.2012 02:19, schrieb Ross:
Why do you resort to accusing people with whom you disagree of
"making things up", Lüko, and why do you_always_ launch personal
attacks on them?


isn't it ridiculous to claim that the nature of a company stops
being a "real commercial company" when the composition of her
shareholders changes?


Not at all. If a company is dominated by one single shareholder, and
that shareholder has other interests, then you have a potential conflict
of interest. It's why monopolies are restricted in the EU and other free
capitalist countries. In Britain, the Competition Commission has to
approve takeovers if there would be a restriction of competition, and if
a single shareholder (or connected group) wish to acquire 30% or more of
a public company, they must make an offer for the whole company, as it
would otherwise disadvantage unconnected shareholders (and may be
blocked if there would be an unacceptable loss of competition).

Of course, socialist countries used to believe in state monopolies as a
matter of principle. I'm not sure if many truly socialist countries
still remain, however. Certainly, countries like China and Vietnam are
no longer socialist, though Cuba and North Korea perhaps still are. Is
it their system that you advocate? Do you think workers' rights are
better protected in North than in South Korea?