Galileo muttered the phrase Eppur si muove, And yet it moves, after being forced
to recant in 1633, before the Inquisition, his belief that the Earth moves
around the Sun. Similarly the new inquisition of regulators force executives to admit something they did not do, in order to get smaller penalties. Eppur si muove!
There is an Antitrust Armageddon in Europe between tiptop companies and Fourth
Reich(EU). Eurokleptocrats are willing to do anything in order to get kickbacks
from industry leaders. The European antitrust laws have the unfortunate
consequence of harming Europeans by chilling innovation and discouraging
competition. Instead of protecting competition, EU laws protect competitors who
give kickbacks to kleptocrats! Kickback is the lubricant that allows a European
industry to run smoothly! No European machinery can run without lubricant! Eppur
si muove! http://venitism.blogspot.com
The European Commission has opened an in-depth investigation under the EU Merger Regulation into the proposed creation of a joint venture in the UK between Vodafone, Telefonica and Everything Everywhere in the field of mobile commerce.
European antitrust law is wielded most often by favor-seeking businessmen and their kleptocrat allies. Instead of focusing on new and better products, disgruntled rivals try to exploit the law by consorting with kleptocrats. EU officials routinely direct antitrust regulators to bend the rules in pursuit of political ends. In reality, the threat of abusive EC power is far larger than the threat of oligopoly. Eppur si muove!
A sensitive issue cannot be fully explained in a post, but only in a speech, in that magic eyeball to eyeball contact, baring my soul, and declaring truths that cause shock and awe. That's why I look forward to the invitation of your organization to speak at your conference. Basil Venitis, venitis@gmail.com
The only viable definition of monopoly is a grant of privilege from the government. It
therefore becomes quite clear that it is impossible for the government to
decrease monopoly by passing punitive laws. The only way for the government to
decrease monopoly is to remove its own monopoly grants. The antitrust laws,
therefore, do not in the least diminish monopoly. What they do accomplish is to
impose a continual, capricious harassment of efficient business enterprise.
The Commission's preliminary investigation indicated potential competition concerns in the nascent markets of mobile payment applications supply, mobile wallets, mobile advertising and related data analytics services, where the joint venture may have very high market shares. http://venitism.blogspot.com
When a company is forward-thinking, proactive, innovative, and productive, it will
produce good products that customers want to buy. As a result, it will win a
large market share. If the company is much better than its competitors, it might
win most, or almost all, of the market. This is the case with Microsoft. It has
earned its market share by producing good products that customers want to buy.
A company that wins a large market through its own productive efforts deserves
accolades. This is because justice, morally, tells us that we must reward the
good. However, to the government, a large market share is taken as evidence of
anti-competitive behavior, which makes the company a target for antitrust
action. This seems to be the motive behind the DOJ's suit against Microsoft.
The Commission's initial investigation revealed that the joint venture and its three parent companies may have the technical and commercial ability and incentive to block future competitors from offering their own mobile wallet services to customers in the UK, or to degrade the quality of these competing mobile wallets so that they become less attractive.
To punish the good because it is good is the most vile inversion of
justice conceivable. Yet this is the essence of antitrust, and this is exactly
what the DOJ is doing to Microsoft. Microsoft is being targeted because it is
good at its business, because it is successful, because it is competent. Nothing
could be more unjust than this.
Smart words are more effective than smart bombs! Mighty words of a charismatic keynote speaker can transform your people to a new dimension of organizational climate, efficiency, self-actualization, enthusiasm, belonging, and motivation. I would like very much to speak at your conference in order to explain critical points much further. Basil Venitis, venitis@gmail.com
If you want to produce something in America or Fourth Reich, you'd better play
the game. Contribute to politicians' campaigns, hire their friends, go hat in
hand to a hearing, and apologize for your success. In a parasite economy no good
deed goes unpunished for long. Kleptocrats, seeing an opportunity to extend
their power and rake in some campaign cash and kickbacks, are circling like
sharks. When executives don't show up when kleptocrats invite them, all it does
is to increase kleptocrats' interest in what executives are doing and why they
do not show up.
Telefonica UK, Vodafone UK, and Everything Everywhere a joint venture created by the merger of T-Mobile UK and Orange UK that was cleared by the Commission in March 2010 - are three of the four mobile network operators in the UK. The newly created joint venture would provide various mobile commerce services to businesses, including mobile payment transaction services, mobile marketing services, and associated data analytics services.
Kleptocrats are costing trillions of euros and dollars every year. The brilliant
minds of Silicon Valley of California and Redmond of Washington State, are going to waste time and energy on protecting their companies instead of thinking up new products and new ways to deliver them to consumers. Dragging smaller companies into the political swamps is just the latest diversion of West's productive resources into the unproductive world of political predation.
The Commission has the stupid socialistic duty to assess mergers and acquisitions involving companies with a turnover above certain thresholds and to prevent concentrations that would significantly impede effective competition in the EEA or any substantial part of it. There are currently five other investigations:
* The first one concerns the planned acquisition of Synthes by Johnson and Johnson, both US companies active in the area of orthopaedic medical devices, with a deadline set for 26 April 2012.
* The second was opened in November 2011 into the proposed acquisition of control over the sugar trader ED&F MAN by the German sugar and molasses producer Südzucker, with a deadline set for 22 May 2012.
* The third ongoing investigation relates to the planned acquisition of joint control over a branch of the Italian state-owned ferry group Tirrenia by Compagnia Italiana di Navigazione of Italy. The deadline for a decision in the latter case was suspended under Article 11(3) of the Merger Regulation from 13 February 2012 to allow the parties to submit the necessary information for the assessment of the transaction.
* The fourth ongoing investigation was opened in March into the proposed acquisition of EMI's recorded music business by Universal. The deadline for this investigation is 8 August 2012.
* The fifth ongoing investigation, also opened in March, concerns the proposed acquisition of control over Goodrich by United Technology in the aviation equipment sector, with a deadline set for 9 August 2012.
European antitrust laws lead to huge corruption, because government officials
ask for kickbacks in order to erase the alleged violation. The standard kickback
in EU is 10% of the erased penalty! Many Greek officials were caught on tape
asking for the corrupt tithe! Many European political parties make up their
election expenses from kickbacks on antitrust cases! This is the worst possible
blackmail, where tiptop ethical companies are held hostage by European
kleptocrats. Eppur si muove!
http://venitism.blogspot.com carries neither ads nor advertorials, but reviews of unique newsworthy products. Product reviews are used by smart organizations, because they are the best marketing tool. Each review is published only once, because it's a news story. We will create a fair review of your product gadget, service, or candidate responding to our readers' need for product information and your need for reward and goodwill. venitis@gmail.com
Saturday, April 14, 2012
[kitchencabinetforum] THE EUROPEAN COMMISSION HARASSES VODAFONE AND TELEFONICA
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