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Old 20th February 2007 | 09:32
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WHBM
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Joined: Oct 2002
: PPL
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From: London UK
There's a well known professional railway commentator who wrote a couple of years ago about the Alstom (French) merger with GEC (British) [both were major players in the manufacture of locomotives, after a while just Alstom was], and then looked at other such cross-channel takeovers/alliances.

And he wrote "History has showed me that, despite initial enthusiasm, anyone who goes into a commercial alliance with the French always, always, gets shafted in the end".

Some might say the EU is just this syndrome on a grand scale.

Last edited by WHBM; 20th February 2007 at 10:18.
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