{"id":53023,"date":"2020-09-25T09:26:56","date_gmt":"2020-09-25T08:26:56","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=53023"},"modified":"2020-09-25T09:26:56","modified_gmt":"2020-09-25T08:26:56","slug":"competition-is-killing-us","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/09\/25\/competition-is-killing-us\/","title":{"rendered":"\u00e2\u20ac\u02dcCompetition\u00e2\u20ac\u2122 is killing us"},"content":{"rendered":"<p>In this episode of the Tax Justice Network\u2019s monthly podcast, the\u00a0<a href=\"https:\/\/www.taxjustice.net\/taxcast\">Taxcast<\/a>:<\/p>\n<ul>\n<li>How a competition lawyer\u2019s eyes were opened to the dangers of letting companies get too big and form monopolies which act against our interests. We talk to\u00a0<a href=\"https:\/\/twitter.com\/MichMeagher\">Michelle Meagher<\/a>\u00a0about her book just out:\u00a0<a href=\"https:\/\/www.penguin.co.uk\/books\/315\/315772\/competition-is-killing-us\/9780241423011.html\" target=\"_blank\" rel=\"noreferrer noopener\">Competition is Killing Us: How Big Business is Harming Our Society and Planet \u2014 and What To Do About It<\/a><\/li>\n<li><strong>Plus:<\/strong>\u00a0We look at the revival of support and progress on financial transactions taxes in New York<\/li>\n<li>some slow advances in the EU on multinationals publishing their accounts<\/li>\n<li>and the significance of the latest leaks revealing corruption in major global banks, the\u00a0<a href=\"https:\/\/twitter.com\/hashtag\/FinCENFiles?src=hashtag_click\">#FinCENFiles<\/a><\/li>\n<\/ul>\n<p>The transcript is available\u00a0<a href=\"https:\/\/www.taxjustice.net\/wp-content\/uploads\/2020\/09\/Transcript_Sept_2020.pdf\">HERE<\/a>\u00a0(not 100% accurate)<\/p>\n<p><strong>Featuring:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/twitter.com\/Olivia_Lally\">Olivia Lally<\/a>\u00a0of\u00a0<a href=\"http:\/\/t.co\/YGMwJS9EL1\">Eurodad<\/a>, (European Network on Debt and Development)<\/li>\n<li><a href=\"https:\/\/twitter.com\/MichMeagher\">Michelle Meagher<\/a>, competition lawyer and\u00a0<a href=\"https:\/\/t.co\/YMSx96jZ36\">author<\/a><\/li>\n<li><a href=\"http:\/\/www.twitter.com\/jechristensen56\">John Christensen<\/a>\u00a0of the Tax Justice Network<\/li>\n<li>Hosted and produced by\u00a0<a href=\"http:\/\/www.twitter.com\/Naomi_Fowler\">Naomi Fowler<\/a>\u00a0of the Tax Justice Network<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote\"><p><em>You know, we can afford to do all of the things that we need to do to make the world safer, more sustainable, more equal \u2014 the money is there. And the question is who is in charge of that money, or what rules have we placed on that money? And currently the rule that we\u2019ve placed is shareholder value and profit maximisation, and money will only ever be used in that way, unless we manage to find ways to repurpose it.\u201d<\/em><\/p>\n<p><cite>~ Michelle Meagher, competition lawyer and author<\/cite><\/p><\/blockquote>\n<blockquote class=\"wp-block-quote\"><p><em>I\u2019ve spent my whole career looking at dirty money flows and the offshore financial world. And I\u2019ve been hearing these pathetic excuses about yeah, that\u2019s in the past, but everything\u2019s changed. I\u2019ve been hearing that for 40 years. Yes, change has happened, but they\u2019re so superficial and compliance is so weak and the regulatory regulations have been undermined to such an extent that the whole thing is nothing more than a fig leaf, an exercise in window dressing. And as far as most banks are concerned, and I\u2019ve heard this from compliance officers working with the biggest banks in London, they just say the whole thing is a charade.<\/em>\u201c<\/p>\n<p><cite>~ John Christensen of the Tax Justice Network on the #FinCen files<\/cite><\/p><\/blockquote>\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\"><span class=\"embed-youtube\"><iframe loading=\"lazy\" class=\"youtube-player\" src=\"https:\/\/www.youtube.com\/embed\/Efxi0klHrC4?version=3&amp;rel=1&amp;fs=1&amp;autohide=2&amp;showsearch=0&amp;showinfo=1&amp;iv_load_policy=1&amp;wmode=transparent\" width=\"640\" height=\"360\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/span><\/div>\n<\/figure>\n<figure class=\"wp-block-audio\"><audio src=\"https:\/\/traffic.libsyn.com\/secure\/taxcast\/Taxcast_Sept_20.mp3\" controls=\"controls\" data-mce-fragment=\"1\"><\/audio><\/figure>\n<p><strong>Want to download and listen on the go?<\/strong>\u00a0Download onto your phone or hand held device by clicking\u00a0<a href=\"https:\/\/traffic.libsyn.com\/secure\/taxcast\/Taxcast_Sept_20.mp3\">here<\/a><a href=\"https:\/\/traffic.libsyn.com\/secure\/taxcast\/Taxcast_July_20.mp3\">.<\/a><\/p>\n<p><strong>Want more Taxcasts?\u00a0<\/strong>The full playlist is\u00a0<a href=\"https:\/\/www.taxjustice.net\/taxcast\/\">here\u00a0<\/a>and\u00a0<a href=\"https:\/\/www.youtube.com\/playlist?list=PLPle_vPYGn5xN_7ztc6caLmN_88WJQFLU\">here<\/a>. Or\u00a0<a href=\"http:\/\/www.tackletaxhavens.com\/taxcast\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this episode of the Tax Justice Network\u2019s monthly podcast, the\u00a0Taxcast: How a competition lawyer\u2019s eyes were opened to the dangers of letting companies get<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/09\/25\/competition-is-killing-us\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,55,32,11],"tags":[],"class_list":["post-53023","post","type-post","status-publish","format-standard","hentry","category-corruption","category-tax-evasion","category-tax-havens","category-tax-justice-network"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/53023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=53023"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/53023\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=53023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=53023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=53023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}