bertsmobile1
Lawn Royalty
- Joined
- Nov 29, 2014
- Threads
- 65
- Messages
- 24,995
Electrolux was owned by Sunbeam & I think it still is.
For decades big money has been playing around on the stock exchanges worldwide as big companies become massive worldwide complex entities that are beyond the reach of any government in any country to control.
SO you end up with Stanley B & D now owning 65% of all hand tool brands worldwide which effectively means they own the entire market and can prevent any start up getting off the ground , the most anti-competative outcome one could imagine , backed & endorsed by the US & German & Swiss governments .
Joe pub;ic still believes in the free market because they walk into the store & see 5 brands not knowing that all 5 are owned by the same parent company .
So he believes there is competition that is driving down prices & increasing quality when exactly the opposite is happening .
And we see this every day on this forum, brands that were quality trashed by new owners who are attempting to "own the market " .
For decades big money has been playing around on the stock exchanges worldwide as big companies become massive worldwide complex entities that are beyond the reach of any government in any country to control.
SO you end up with Stanley B & D now owning 65% of all hand tool brands worldwide which effectively means they own the entire market and can prevent any start up getting off the ground , the most anti-competative outcome one could imagine , backed & endorsed by the US & German & Swiss governments .
Joe pub;ic still believes in the free market because they walk into the store & see 5 brands not knowing that all 5 are owned by the same parent company .
So he believes there is competition that is driving down prices & increasing quality when exactly the opposite is happening .
And we see this every day on this forum, brands that were quality trashed by new owners who are attempting to "own the market " .