Issuing a press release like this should result in your company being immediately broken up. You clearly have far too much monopoly power if you can just decree profit margins like that.
I don’t think they can TBH. They’ve had a couple of shit years lately, something like a ~25% year-to-year decline in profit for the last two/three years? I think this decree is panicked and a result of that.
I’m still for breaking them up anyway, and am willing to take this as flimsy enough evidence that they’re effectively claiming a monopoly power. They’re guilty by confession! :D
Issuing a press release like this should result in your company being immediately broken up. You clearly have far too much monopoly power if you can just decree profit margins like that.
I don’t think they can TBH. They’ve had a couple of shit years lately, something like a ~25% year-to-year decline in profit for the last two/three years? I think this decree is panicked and a result of that.
I’m still for breaking them up anyway, and am willing to take this as flimsy enough evidence that they’re effectively claiming a monopoly power. They’re guilty by confession! :D
No argument here on that point.