EU blocks takeover by Three of O2 - Motorhome Forums, Motorhome Discussion, Motorhome Chat

User Tag List

 11Likes
Reply
 
LinkBack Thread Tools
post #1 of 25 (permalink) Old 11-05-2016, 13:53 Thread Starter
Senior Member
 
Penquin's Avatar
 
Join Date: Oct 2007
Location: Aquitaine
My Motorhome: Swift Kontiki 615
Posts: 18,350
Thanks: 598
Thanked 661 Times in 584 Posts
Personal Aire
EU blocks takeover by Three of O2

http://www.bbc.com/news/business-36266924

So the EU has blocked the takeover of O2 by Three.....

I am sure that those wanting to rubbish everything the EU does will have an explanation, but the reasons given by the EU in supporting the UK's recommendation that the takeover be blocked are based on the probable increased costs to users and the loss of competition.

Dave

Remember Jo Cox and what she stood for.

Any comments above are only MY OPINION and should be read as that.

http://www.leslezards.co.uk
Penquin is online now  
The Following User Says Thank You to Penquin For This Useful Post:
Jamsieboy (11-05-2016)
Sponsored Links
Advertisement
 
post #2 of 25 (permalink) Old 11-05-2016, 15:36
Senior Member
 
Mrplodd's Avatar
 
Join Date: Mar 2008
Location: Weymouth
My Motorhome: A Caravan of all things !!
Posts: 8,821
Thanks: 102
Thanked 478 Times in 402 Posts
Just occasionally the EU comes up with a good idea (but its pretty rare in my book)

Andy
GEMMY and GEMMY like this.

Its not the destination that matters.

It's who you share the journey with (even if like me, it’s in a caravan!)
I am very fortunate to have Mrs Plodd to share mine with
Mrplodd is online now  
post #3 of 25 (permalink) Old 13-05-2016, 20:57
Member
 
thevines's Avatar
 
Join Date: Aug 2008
Location: Fareham, Hants
My Motorhome: Murvi Morello XL
Posts: 89
Thanks: 7
Thanked 2 Times in 2 Posts
Personal Aire
They didn't stop BT taking over EE!?!?!?

Retirement ain't half busy!
thevines is offline  
 
post #4 of 25 (permalink) Old 13-05-2016, 21:46
Senior Member
 
peribro's Avatar
 
Join Date: Sep 2009
Location: West Sussex
My Motorhome: Burstner Elegance
Posts: 10,190
Thanks: 112
Thanked 302 Times in 282 Posts
BT was very small in the mobile phone market so it's takeover of EE didn't create any competition concerns - unlike 3 and O2 which would have reduced the UK's mobile operators from four to three. When this happened in France (market reduced to three) prices rose noticeably.

As for the EU in this they have supported the recommendation of the UK. Were we not in the EU then the UK would have blocked it. I don't know if this is correct but it has been suggested that the EU was prepared to let the merger of go through but they only stopped it due to not wanting to alienate UK opinion ahead of the referendum.
hondaboy and hondaboy like this.

Peter
peribro is online now  
The Following User Says Thank You to peribro For This Useful Post:
thevines (13-05-2016)
post #5 of 25 (permalink) Old 13-05-2016, 22:30 Thread Starter
Senior Member
 
Penquin's Avatar
 
Join Date: Oct 2007
Location: Aquitaine
My Motorhome: Swift Kontiki 615
Posts: 18,350
Thanks: 598
Thanked 661 Times in 584 Posts
Personal Aire
Quote:
Originally Posted by peribro View Post
I don't know if this is correct but it has been suggested that the EU was prepared to let the merger of go through but they only stopped it due to not wanting to alienate UK opinion ahead of the referendum.
What a shame the UK Government and the EU did not object to many of the takeovers in other fields by American or other nationality companies - some of which have permanently removed or changed British, sorry ENGLISH, products;

Cadbury's chocolate sold to Kraft and the flavours have now changed all products (and IMO not for the better),

Boots the Chemist now Italian

Harrods owned by company in Qatar

Selfridges Canadian owned

Fortnum and Mason Canadian owned

Debenhams - sold to Americans who stripped it's assets and sold it....

P&O Ports - now Dubai owned

MG Rover - Chinese

British Airports Authority - Spanish owned !

Corus (Steel) up for sale by it's Indian owners

Camelot (lottery) now Canadian

British Energy - now French

Jaguar Rover - India

and so on and so on, but sadly neither the UK or the EU has intervened in these sales, I wonder why not? OK, there may be more money overseas but in many cases it has had serious impact on jobs within the UK, once again Kraft said "no redundancies in the UK" and then "200 redundancies as part of a package of improvements".

There are times when the silence from Downing Street says more than any press release......

sorry, I cannot claim credit for this list and normally would NEVER use a resource like this article BUT.........

the list horrified me too

Dave
erneboy, erneboy, thevines and 1 others like this.

Remember Jo Cox and what she stood for.

Any comments above are only MY OPINION and should be read as that.

http://www.leslezards.co.uk

Last edited by Penquin; 13-05-2016 at 22:46.
Penquin is online now  
post #6 of 25 (permalink) Old 13-05-2016, 22:36
Member
 
thevines's Avatar
 
Join Date: Aug 2008
Location: Fareham, Hants
My Motorhome: Murvi Morello XL
Posts: 89
Thanks: 7
Thanked 2 Times in 2 Posts
Personal Aire
Hadn't thought that BT mobile was that small, so stand corrected.

Penguin's list is an eye opener! Is there anything British owned left.......standby for the avalanche of examples.

Retirement ain't half busy!
thevines is offline  
post #7 of 25 (permalink) Old 13-05-2016, 23:01
Senior Member
 
Join Date: Jun 2006
Location: The Berwyn mountains in the paradise of Powys
My Motorhome: Hymer S740 on Sprinter 616 (2004)
Posts: 12,557
Thanks: 181
Thanked 218 Times in 197 Posts
The market has ruled in the UK since the 80s. The government (especially this one) is very, very reluctant to block acquisitions and mergers, without absolute evidence of consumer detriment. Viz the almost total domination of our media that Murdoch nearly achieved a couple of years ago, but for the misshap of the News of the World scandal.

Dick
Glandwr is offline  
post #8 of 25 (permalink) Old 13-05-2016, 23:11
Senior Member
 
GEMMY's Avatar
 
Join Date: Jun 2006
Location: Ironbridge
My Motorhome: 2013 Hymer 680 MB
Posts: 17,944
Thanks: 55
Thanked 188 Times in 151 Posts
Quote:
Originally Posted by Penquin View Post
What a shame the UK Government and the EU did not object to many of the takeovers in other fields by American or other nationality companies - some of which have permanently removed or changed British, sorry ENGLISH, products;

Cadbury's chocolate sold to Kraft and the flavours have now changed all products (and IMO not for the better),

Boots the Chemist now Italian

Harrods owned by company in Qatar

Selfridges Canadian owned

Fortnum and Mason Canadian owned

Debenhams - sold to Americans who stripped it's assets and sold it....

P&O Ports - now Dubai owned

MG Rover - Chinese

British Airports Authority - Spanish owned !

Corus (Steel) up for sale by it's Indian owners

Camelot (lottery) now Canadian

British Energy - now French

Jaguar Rover - India




Dave

I make a specific point of NOT using any of the above and others


tony
Penquin and Penquin like this.

WARNING.!!... The above post may contain an opinion

Academia and government artificially select for particular traits, among which is a lack of life experience. This is why it's possible for a person to be exceptionally bright while failing to grasp something as rudimentary as supply and demand.

Intellectuals: All engine, no map.


GEMMY is offline  
post #9 of 25 (permalink) Old 13-05-2016, 23:17
Senior Member
 
peribro's Avatar
 
Join Date: Sep 2009
Location: West Sussex
My Motorhome: Burstner Elegance
Posts: 10,190
Thanks: 112
Thanked 302 Times in 282 Posts
Quote:
Originally Posted by Glandwr View Post
The market has ruled in the UK since the 80s. The government (especially this one) is very, very reluctant to block acquisitions and mergers, without absolute evidence of consumer detriment.
Consumer detriment or extreme national importance. But why should the Government block them? It seems some people want us to remain in the EU while at the same time they are objecting to foreign ownership of our companies - come on chaps, be consistent for heavens sake!

Quote:
Originally Posted by Glandwr View Post
Viz the almost total domination of our media that Murdoch nearly achieved a couple of years ago, but for the misshap of the News of the World scandal.
By "total" Dick you mean everything other then the Telegraph, Guardian, Independent, Mail, Mirror, Express, BBC, ITV, C4, C5 and dozens of smaller TV stations?!

Peter
peribro is online now  
post #10 of 25 (permalink) Old 13-05-2016, 23:21
Senior Member
 
Join Date: Aug 2013
Location: Costa Blanca North, Spain.
My Motorhome: 2001 Benimar 6000sl on Ducato 2.8JTD
Posts: 1,254
Thanks: 4
Thanked 39 Times in 31 Posts
Quote:
Originally Posted by Penquin View Post
What a shame the UK Government and the EU did not object to many of the takeovers in other fields by American or other nationality companies - some of which have permanently removed or changed British, sorry ENGLISH, products;

Cadbury's chocolate sold to Kraft and the flavours have now changed all products (and IMO not for the better),

Boots the Chemist now Italian

Harrods owned by company in Qatar

Selfridges Canadian owned

Fortnum and Mason Canadian owned

Debenhams - sold to Americans who stripped it's assets and sold it....

P&O Ports - now Dubai owned

MG Rover - Chinese

British Airports Authority - Spanish owned !

Corus (Steel) up for sale by it's Indian owners

Camelot (lottery) now Canadian

British Energy - now French

Jaguar Rover - India

and so on and so on, but sadly neither the UK or the EU has intervened in these sales, I wonder why not? OK, there may be more money overseas but in many cases it has had serious impact on jobs within the UK, once again Kraft said "no redundancies in the UK" and then "200 redundancies as part of a package of improvements".

There are times when the silence from Downing Street says more than any press release......

sorry, I cannot claim credit for this list and normally would NEVER use a resource like this article BUT.........

the list horrified me too

Dave

Sorry Dave, you've made a terrible, awful and deadly mistake... you've actually trusted a teenage crayon scribbler at the DM.

Google and check the actual majority equity ownership of those companies...the DM is wrong wrong wrong on most them!
(As usual).
TheNomad is offline  
The Following User Says Thank You to TheNomad For This Useful Post:
Penquin (14-05-2016)
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Motorhome Forums, Motorhome Discussion, Motorhome Chat forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome