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They do frequently have government protection, especially in Italy, but in many other countries. Protection comes in many forms, such as special tax structures
by ucaetano 9y ago
They do frequently have government protection, especially in Italy, but in many other countries.
Protection comes in many forms, such as special tax structures, protected denominations and excessive regulation.
- tathougies 9y agoI have no idea what italy does. However, special tax structures, protected denominations, and excessive regulation are basically par-for-the-course for corporations in any country. In America, it is routine for large companies to negotiate tax deals with local governments. Many American companies pay no local tax at all. Local authorities do this as a 'gift' to make companies stay. It's wrong everywhere, but it has nothing to do with co-ops.