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Bill: IP Foreign Investment Act
Details
Submitted by[?]: Imperialist Party
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: January 2412
Description[?]:
| This act seeks to reverse the laissez-faire attitude towards FDI. It is harmful to our national interest if foreign companies are able to control our non-renewable resources, or to gain access to our technology by taking over certain companies - in particular those with private military contracts, that are privvy to many national secrets. This act simply prevents foreigners from obtaining a majority share in any one company - they will still be able to invest. Profit-oriented investors, then, will still invest in Telamon, it is only those that seek to take over our companies that will be curtailed - surely the best of both worlds. |
Proposals
Article 1
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes | Total Seats: 193 | |||||
| no |
Total Seats: 334 | |||||
| abstain | Total Seats: 74 |
| Random fact: If you want to know how many players there are in Particracy right now, check out the Game Statistics buried at the bottom of the World Map screen. |
| Random quote: "If we were to wake up some morning and find that everyone was the same race, creed and color, we would find some other causes for prejudice by noon." - George Aiken |