Wrackandruin
Wrackandruin t1_j2uihln wrote
Reply to comment by LordBrandon in European economies have developed stronger anti-trust regulations, more competitive markets, and more robust consumer protection than the US in the last 20 years. The reason for this is the EU. EU member states are incentivized to empower a strongly independent pro-competition regulator. by smurfyjenkins
BASF was founded by a guy who helped install gas lights in a small town.
Wrackandruin t1_j2u7wta wrote
Reply to comment by LordBrandon in European economies have developed stronger anti-trust regulations, more competitive markets, and more robust consumer protection than the US in the last 20 years. The reason for this is the EU. EU member states are incentivized to empower a strongly independent pro-competition regulator. by smurfyjenkins
The last time the EU was larger the US in GDP was 2011, most of the past 40 years US has been bigger. The EU has many smaller firms by comparison, although some monsters like Airbus and BASF SE.
Fun fact, the US used to be around 40% of world GDP in the 60s. Now it is 20% or so. That is one of the largest and fastest declines in relative GDP in history. You know when people say california is the Xth largest economy in the World? Well, you had many more states in the 60s with that claim....
Wrackandruin t1_jedkhgn wrote
Reply to The Catholic Church took a fresh step Thursday in acknowledging abuse endured by Indigenous peoples with the Vatican formally rejecting 15th-century papal edicts that empowered Europeans to colonize non-Christian lands by DoremusJessup
Oh well, there goes the foundational document for every south and central American country.