It has taken a while, but now regulating bodies are actually looking at who is the ultimate beneficial owner of a company and they will try and stop overtakes. Well, not in corrupt countries, but it is so hard to get anything properly done in a corrupt country that it doesn’t surprise me.
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shneancy@lemmy.world 5 weeks agoif the instances stopping some from buying everything up can be bypassed by just having more money then they’re pointless. maybe one guy can’t have so much property, but what about a firm? and then a second firm, so many companies that own so much all owned by one person
Vinstaal0@feddit.nl 5 weeks ago
shneancy@lemmy.world 5 weeks ago
is there a non-corrupt country out there?
Vinstaal0@feddit.nl 5 weeks ago
There is a difference between a country being corrupt and a country having corruption or a lot of people in a country paying for corruption (in other countries). You can check the corruption index if you want.
shneancy@lemmy.world 5 weeks ago
fair point, i’m just wondering where the line is
beejboytyson@lemmy.world 5 weeks ago
I was about to say. When was that ever used?