Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Showing posts with label AstraZeneca. Show all posts
Showing posts with label AstraZeneca. Show all posts

Monday, May 05, 2014

Miliband: Cameron is a cheerleader for Pfizer takeover of AstraZeneca

Ed Miliband has accused David Cameron of acting as a cheerleader for the US pharmaceutical firm Pfizer's proposed takeover of its British rival AstraZeneca as he called for the brakes to be put on the biggest takeover in UK corporate history.

The Labour leader, who said Pfizer had a "pretty dubious record" on takeovers, has written to the prime minister calling for a change in the law to ensure that a public interest test on such corporate deals should be applied to strategic economic interests. The public interest test normally applies to defence companies or utilities.