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The important notion that EU governments must treat EU companies fairly regardless of what member state they are from has been tossed down the toilet !   The important word here is undistorted and you're fixating on competition.  From here on, let the demagogues of all countries, starting with Sarkozy, cherry pick their favourites for protection and subsidies unhindered by any broad principals.

What's left "full employment and social progress" ?  Those are just words of no practical value.  How about "truth, justice and the American way" or "let's just all be friends" while we're at it.

I say scrap the EU if it's no longer committed to one of the most basic rules that governs a common market.

by Guillaume on Fri Jun 22nd, 2007 at 07:53:44 AM EST
that's "broad principles" of course...sorry
by Guillaume on Fri Jun 22nd, 2007 at 07:56:40 AM EST
[ Parent ]
You mean there are markets where competition is not free?


In the original constitution, one of the Union's main objectives was listed as "an internal market where competition is free and undistorted". France has now persuaded Berlin to put a full stop after the words "internal market" in the new treaty.

Last night Britain appeared unwilling to put up a fight on the issue and German officials downplayed the significance of the move, arguing that the concept appeared 13 times elsewhere in the Union's legal texts.



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Jun 22nd, 2007 at 08:50:31 AM EST
[ Parent ]
Not sure what you mean.  But if you're saying markets are rarely perfect that simply reinforces my point.

If the EU no longer makes a point (or even a pretense) of striving for undistorted competition then the internal market is useless sham for the benefit of "elite" insiders.

Like I said, scrap it altogether.

by Guillaume on Fri Jun 22nd, 2007 at 09:51:10 AM EST
[ Parent ]
I think what we need to scrap are the current politicians, not the EU.  WE are the EU! and politicians need to learn and memorize that fact.

Our knowledge has surpassed our wisdom. -Charu Saxena.
by metavision on Sat Jun 23rd, 2007 at 10:53:45 AM EST
[ Parent ]
... if it serves the objectives, it should be pursued, if it is not serving the objectives, it need not be.

All too often, the positive consequences of pursuing what is labelled as "competition" is taken as read, when an analysis of the real impacts would show that what has been labelled "competition" is partial, or competition among those without economic power to the benefit of those with economic power, rather than to the broader public benefit.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sat Jun 23rd, 2007 at 11:09:58 AM EST
[ Parent ]

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