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Yes like when Europe fights against Mittal when they close profitable steel factories or screw them with no investments and R&D, oh wait.
by conradfr 12y ago
Yes like when Europe fights against Mittal when they close profitable steel factories or screw them with no investments and R&D, oh wait.
- Aoyagi 12y agoAnd your point is what exactly?
- conradfr 12y agoThat the EU commission approved the MS / Nokia deal and usually don't do anything to protect these business practices.
- orbifold 12y agoSadly it no longer is enough to be profitable, you also have to make enough profit (~20% in the banking sector), which is why Thyssen decided to focus on high technology steel products, instead of competing with India/China on price.