Thursday, July 28, 2005

Arrogance! Prejudice! Yogurt!

Is this the new rallying cry of France? In an effort to thwart PepsiCo's bid for the French company Danone, maker of the yogurt as well as Evian water, President of France, Jacques Chirac has asked ministers to come up with new proposals to "reinforce the protection of our strategic companies."

It's one thing to have a strategic interest in oil & gas pipelines, which run across a crucial region, but yogurt & a brand of bottled water, which IMHO doesn't have a prayer against Poland Springs. France is really scraping the bottom of the barrel these days.

I wonder what measures Mousier Chirac intends to take about this? The French hegemony over food & wine, not to mention fashion & art is long gone. Chest beating isn't going to bring it back.

Comments:
It is not expected from a country like France....
 
Chest beating won't bring it back, nor will government control. But superior products and a business-friendly climate might. Has Mr. Chirac thought of that?
 
Is Poland Springs just a regional phenomenon? I remember having some in my hotel in NY, but I've never seen the stuff in the midwest. All we only get to endulge in Aquafina, Dasani and Ozarka for the most part.
 
Hi Jason & welcome. You might be right. In NY Poland Springs reigns, as you noticed. I must admit that I've never heard of Ozarka, but while Aquafina & Dasani are popular, they lag behind Poland Springs.
 
The french never play fair. They don't want their companies taken over, but they are happy to tkae over companies in other countries. They are very protective and allow state-owned companies like France Telecom to expand overseas. Of course the freanch cheat whenever they can, its in their nature.
 
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