Suez

A sad day for consumer friendly markets and for our wallet. The merger between Suez and Gaz de France has been approved.

See : http://www.tijd.be/nieuws/ondernemingen_energie/Fusie_Suez_en_GDF_definitief_goedgekeurd.7872291-432.art.

Free markets indeed : for producers and distributors, most certainly.

Not really for us. Let's be realistic : the customer is not a consumer to be treated with respect, but a source of income.

I think that what I wrote above is right, but my vision of Suez will always be colored and subjective. I have personally experienced their "long term vision" when they sold my employer, which, with vision and guts, we had built into a profitable world player. They sold it to a foreign competitor, who was operated by very nice guys indeed, but vision was not their core strength ...

But then the shareholder is always right, and d*** the rest.