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Old 05-05-2011, 22:13   #8
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
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Re: OFCOM warns rivals over infrastructure share pricing......

Quote:
Originally Posted by General Maximus View Post
and once again it is the public that suffer because corporations are so worried about themselves that sometimes they lose sight of the greater good.
It's their job to be worried about themselves, or more specifically their shareholders.

In fact it's not a worry, the directors of BT have a fiduciary duty to their shareholders and can have legal sanctions applied if they fail in this.

That any private or publicly traded company sometimes loses track of the greater good is a bizarre statement. BT aren't a co-operative or charity and absolutely have to do everything within their power to get as much value from every situation as possible for their shareholders. This must be at the root of what they do, even if sometimes this value isn't immediately apparent in financial terms but is realised in less tangible ways.
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