German Economy Minister Robert Habeck, in response to the anomalies surrounding fuel subsidies, would tighten antitrust laws in order to allow the state to skim the extra profits of oil companies without proving market abuse, and even dissolve the companies if necessary, Spiegel reported on Sunday from the Ministry of Economy. referring to working material.
Amending the Cartel Act would, among other things, create the opportunity to separate the mineral oil and gas station markets. And in a further step, it would allow the Federal Cartel Office to
quickly and easily skim the extra profit of the companies.
In theory, the legal possibility for such a thing existed until now, but it was hindered by a number of complicated bureaucratic steps. "A right that cannot be applied does not correspond to the intention of the legislator. And the consequences are borne by the consumers, in the form of higher prices," said Habeck, justifying the cartel office's initiative to expand its scope. The sums skimmed off in this way would go to the state coffers.
2022 Plus: It seems that the government has the invisible hand of the market in Germany as well! (Freely after Adam Smith) At least they wouldn't talk about a liberal market economy! Especially not in the middle of a war! Especially not when their own economy is severely affected by their sanctions. And of course others too! Among others, ours. They and the EU will slowly judge everything on an ideological basis! If necessary, they also dissolve companies.
Beware of the Pharisees!
Source: mandiner.hu
Featured image: BMWK / Andreas Mertens/illustration
