EU Uncompetitive Market Prevention Act
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Honestly most of this is no different from the authority we grant to our Federal Trade Commission, just on a national scale. I'm sure there would be varying views on the percentage of market share when defining what is noncompetitive, but in all honesty Yosai is all for protecting the consumer from predatory practises and our overall mistrust for monopolies. I mean I am sure that most of us here at least in principle are all for some form of consumer protection and preventing noncompetitive trade practises.
Izumi Miwako
Councilor for the Federal Republic of Yosai -
This looks good to me. No suggested changes.
Snoop Dogg
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Debate will be extended to 23:59 GMT on 27 May 2023.
Iras Tilkanas
Council Speaker and Councillor for the Republic of Istkalen -
Article 2, Section 5 is too harsh, considering there are certain industries where it is appropriate for there to be lesser than four private entities with more than 10% share. Although we do not oppose this, we suggest loosening it to 20-25%.
Article 3, Section 4 is quite vague, considering that "competition" is subjective. Even if it were to be well-defined, Brickston is against it, because entities may block/restrict products of "competing industries" on the basis of other grounds (1), and the internal activities of a private entity are not of the business of the state (2). Reason 2 applies to Article 3, Section 6 as well; which we also oppose.
Overall, the most important change we would like is a maximum market share much higher than 35% after which the government would intervene.
We support all other aspects of the legislation.
George Schmidt,
Briekish Economic Representative in S-Authority
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To ease some of your concerns I propose the following amendment
Article 2
V. Private owned entities may not take over another company if it would leave less than 4 sellers in a market or give the company more than 35% marketshare.I would suggest tabling an amendment for the other concerns if you broadly support the ideas of this act though one word of caution I would give is that there needs to be broad definitions to avoid pigeon holing tactics to defeat the act by bad actors that would seek to skirt around a provision that was too legally specific. We all know what bad corporations wanting to control the market and exploit the market , workers and customers will do to get around the law.
This is also why the limit is set so low, most industries where a natural monopoly is present will usually have mainly government and third sector actors present in the market and it is also crucial states can limit competition to a degree in markets such as electricity where having competition in private companies would only create ineficiencies and raise costs for consumers to fund corporate extreme profits.We must defend the market from enemies of the people exploiting the people for their own ends in order to profiteer of their basic needs.
James Mizrachi-Roscoe, Councillour for United Duchies
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The amendments you have made are more aligned with Briekish and EU interests; therefore I on behalf of the country propose no more arguments.
George Schmidt,
Briekish Economic Representative in S-Authority -
Debate has ended. One amendment has been proposed, as follows:
AMENDMENT I
Article 2
V. Private owned entities may not take over another company if it would leave less than 4 sellers in a market or give the company more than 35% marketshare.
Voting will begin now and continue until 23:59 GMT on 8 June 2023.
Iras Tilkanas
Council Speaker and Councillor for the Republic of Istkalen -
On behalf of the Republic of Istkalen, I vote AGAINST the amendment.
Iras Tilkanas
Council Speaker and Councillor for the Republic of Istkalen -
On behalf of United Duchies I vote FOR the amendment
James Mizrachi-Roscoe , Councillour for United Duchies -
On behalf of the Mishar republic, I vote AGAINST the amendment.
Mrs. Susie Dakota -
I vote AGAINST the amendment.
Donald Tusk
Councillor for Spain -
On behalf of the United Kingdom, I ABSTAIN.
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With three votes against and one for, the amendment has failed.
Final voting starts NOW and will continue until 23:59 GMT on 16 June 2023.
Iras TIlkanas
Council Speaker and Councillor for the Republic of Istkalen -
On behalf of United Duchies I vote FOR this act
James Mizrachi-Roscoe,Councillour for United Duchies -
Representing The State of Elthize, I vote AGAINST this act.
May Hobbes
Councillor for Elthize -
On behalf of the Republic of Istkalen, I vote FOR this act.
Iras Tilkanas
Council Speaker and Councillor for the Republic of Istkalen -
On behalf of the Federal Republic of Yosai, I vote FOR this act.
Izumi Miwako
Councillor for the Federal Republic of Yosai -
On behalf of the Kingdom of Spain, I vote AGAINST this act.
Donald Tusk
Councillor for Spain -
On behalf of the Mishar Republic, I vote FOR this act.
Mrs. Susie Dakota -
Representing the Holy Empire of Legandora di Torio, the EU Councilor Isabella Montesoro votes FOR this act.
The Kingdom of Spain
