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Positive Optimism - Saudi Takeover Edition


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Shite finishing graft late on, seeing that there’s been a few extra pages in the takeover thread and then seeing the same moronic arguments.

 

Just hope it’s all worth it soon and I open the thread to see a photo of Bin Salman holding an NUFC shirt in front of the East Stand 

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2 hours ago, Danh1 said:

Shite finishing graft late on, seeing that there’s been a few extra pages in the takeover thread and then seeing the same moronic arguments.

 

Just hope it’s all worth it soon and I open the thread to see a photo of Bin Salman holding an NUFC shirt in front of the East Stand 


yeah that is annoying especially when you see it’s just the exact same crack which has been argued over and over this last year 

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10 minutes ago, ToonArmy1892 said:

Why will they care if it all comes out in the public, they are shameless anyway.

Maybe because it would strengthen the calls for a truly independent regulator, something they really fear.

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26 minutes ago, ToonArmy1892 said:

Why will they care if it all comes out in the public, they are shameless anyway.

They will if disclosure proves cartel behaviour.

 

Consequences of breach

 

Infringements of Chapter I or Article 101 can have serious consequences for a business:

 

firms engaged in activities can face fines of up to 10% of group global turnover; 

 

anti-competitive restrictions in agreements may be automatically void and unenforceable, and may lead to the entire agreement being unenforceable;


firms also leave themselves exposed to actions for damages from consumers, customers and competitors – including mass actions – who can show they have been harmed by the anti-competitive behaviour; and

individuals in the UK can face being disqualified from acting as company directors as well as risk prosecution under the criminal cartel offence.

 


 

 

 

 

Edited by Whitley mag

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