ECJ: One meeting can count as market-rigging
A group of companies can be guilty of breaking competition law even if they only meet once and the action taken does not result in higher prices for consumers, the European Court of Justice (ECJ) has ruled. A competition law expert said that employees who find themselves given sensitive information by competitors must make an " …
Well they are probably quite good at the clandestine meeting by now.
Limit the size of companies, and limit their holdings, start big and chip away every year at it.
Kinda of ironic though coming from a group that is about creating an Oligopoly of countries.
Surely the EU itself , is then by such definition, in grave jeopardy of being ruled and classed as an unlawful "concerted" action.
Just goes to show that judges really are out of touch. Anyone with any experience with modern management knows that the first meeting is used to discuss what the subject of the second meeting should be.
This in itself is a bit of a waste of time as the answer is usually "When do we have the 3rd meeting?"
All we need to do is discover a way to power PCs using hot air and these tw@ts might actually be able to justify their exitence!
Surely the anti-competitive law is anti-competitive and harms competition by its very existence?
It prevents competitive systems from competing with anti-competitive systems. If it then turns out that an anti-competitive system is better at surviving than a competitive one, shouldn't we just all learn to get along and stop trying to out do one another?
Altruism is better all around than selfishness.
