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> Bpost [...] has been on an acquisition spree Illegal, state-funded acquisition spree. Bpost is 51% state-owned, using negative interest loans (ECB policy) fo
by ar-jan 9y ago
> Bpost [...] has been on an acquisition spree
Illegal, state-funded acquisition spree. Bpost is 51% state-owned, using negative interest loans (ECB policy) for its acquisitions.
- deleted 9y ago[deleted]
- ddnb 9y agoWhat makes this illegal?
- ar-jan 9y agoEU countries have agreed to privatize state companies in order to have competitive markets. If some companies can take loans at negative interest rates because of being (part) state-owned (while private companies pay market rates), and then use this money to go on an "acquisition spree", that's not fair competition. Of course that doesn't mean it's actually going to be considered illegal.