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Showing posts from October, 2010

Vince Cable on Competition Policy in the UK

From the Speech given to the Confederation of British Industry - 25 October 2010:

"What business does however need to know to promote growth is that there are clear, consistent rules to govern business behaviour. Which brings me on to competition policy. Competition is one of the great drivers of growth, keeping prices low for consumers, driving innovation, experimentation and investment.
When I used my party conference speech to suggest the need for a more active competition policy, this was interpreted as some kind of modern Marxism. Far from it – this is a defence of capitalism, not an assault. And the UK’s competition regime is regarded as one of the best in the world – particularly because of its independence and the transparency of decision making. And the EU regime on top of it – including the system of state aid rules that helps to prevent subsidy wars - is one of the Community’s most successful activities. But there is scope for improvement. In particular, there are difficu…

IPKat Patent Limerick Competition

The winner has been announced, here. My pick:
A crafty inventor called Fred
Built an aircraft entirely from lead
When they cried "Why Fred Why?"
"You know it won't fly!"
"Not obvious for patent" he said.Chris Torrero