8.30.2005

French protectionism

The French want to protect just a few crucial industries from foreign takeover:
The new list of sectors that the government wants to keep in French hands might include transport, pharmaceuticals, biotechnology, electronics and defense industries, the food industry and the energy sectors.

- From a WSJ article sent to me by IPFreely.

That's just about everything except personal hygiene products. Wonder why they don't want to protect that industry.

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