Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-07-04-Speech-3-118"
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"en.20010704.3.3-118"2
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".
Most companies used to be small-scale and linked to a town or an area. Their ownership was not anonymous and their staff worked there all their lives. For a long time, governments supported the efforts of companies to remain in regional or national hands, and the setting up of companies on a non-commercial basis, so that they could better serve the interests of employees and consumers. In a society where everything is subordinated to a free market and worldwide competition, companies have now become a commodity. If it suits the purchasers and the old shareholders, they are closed because their profit margin lags behind the rest of the group, because their brand name can be stuck on other products or their production can be transferred to a country with low wages and inadequate environmental regulation. The consequences for employment, social cohesion in an area around the company, consumers and the scope for a democratically determined government policy is extremely negative. That is why manageable, checkable and small-scale companies are far preferable to global giants, that are constantly surprising others and laying down the law to them. Mergers that provide no right of veto for trade unions and government lead to accidents. I reject this trade in companies and am voting against the proposal."@en1
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