Leg-ends
14-04-2004, 12:18
I plan to submit this on friday, I have taken member nations' considerations made last week and altered the proposal accordingly:
Monopoly Commission
A resolution to reduce barriers to free trade and commerce.
This resolution proproses that a United Nations Monopolies and Mergers Commission (UNMMC) is ceated to oversee cross-boarder mergers between companies in the following manner:
1. Mergers would not be allowed if:
A. the result of such a merger would be to give one company overall control over any market in any one country, where overall control is defined as greater 50% of market share
B. the result of such a merger would give the newly formed company had a significant control over a world-wide market whereby signifcant control is defined as greater than 20% of market share
2. Where evidence price collusion (price fixing) has found the UNMMC should take action in the form of financial penalties of the companies involved. The only exception to this would be national Governments
The result of this resolution will see lower goods prices and a greater standard of living for all people in all UN member states.
Monopoly Commission
A resolution to reduce barriers to free trade and commerce.
This resolution proproses that a United Nations Monopolies and Mergers Commission (UNMMC) is ceated to oversee cross-boarder mergers between companies in the following manner:
1. Mergers would not be allowed if:
A. the result of such a merger would be to give one company overall control over any market in any one country, where overall control is defined as greater 50% of market share
B. the result of such a merger would give the newly formed company had a significant control over a world-wide market whereby signifcant control is defined as greater than 20% of market share
2. Where evidence price collusion (price fixing) has found the UNMMC should take action in the form of financial penalties of the companies involved. The only exception to this would be national Governments
The result of this resolution will see lower goods prices and a greater standard of living for all people in all UN member states.