Recently at a British Petroleum board meeting, one of the executives recommended that BP shut down refineries in order to reduce the supply of gasoline on the market. The net effect would be a price increase in certain markets, thus increasing the BP profit margin, since the supply was artificially reduced by their control rather than thru say OPEC which would have resulted in an increase in crude oil pricing.
This was released to the public. BP denied they accepted the recommendation, and also stated the executive was very junior, has been reprimanded and sent to "how to be a good corporate citizen" training. But can you understand why this created some outrage? There has been a slew of evidence now from the Enron case that there was market manipulation occuring in California with regards to electrical pricing.
Whether or not it's legal, or right, or whatever... I just think it creates bad PR and there is no reason for this.
Microsoft doesn't need to threaten people if they use Linux, they just need to show to them why Windows is better.
This post was edited by sodablue on Tuesday, May 14, 2002 at 17:47.
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