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Germany Moves to Protect Key Industries
Clipped to the Drawing Board by John William
Community Rating: / 0
BoringInteresting 

Nice to see a government actually supporting industry

 In recent months, the German government has become increasingly anxious about the prospect of foreign state-owned investment funds or hedge funds -- which are popularly known as "locusts" in Germany -- snapping up strategic industries . Now Berlin has prepared measures to protect German firms from being bought by undesirable foreign investors.

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bill (73) Senior board member | 2007-10-16 21:46:26
some countries are very protective about their key industries and others don't seem to care at all - for example the US gets vey exited if industries like ports and airlines look like going to offshore ownership - which is a bit ironic really, given the US commitment to the free enterprise system and market forces - when it's US interests moving into other countries it's fine - but when the situation is reversed ? I seem to have got away from Germany - just let market forces rule - all that happens is a false , protected market - wait a minute - that does sound like Germany after all
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Wednesday 17 October, 2007 02:07 AM
 
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