1926 Blackout
The people in the room came together again, only this time they were not as optimistic as before.
Because they all realized that the knife of the presidential palace was really going to fall on them.
The more they struggle now, the more things they lose, and everyone is very irritated.
The companies under investigation are grid services companies.
In order to ensure that power generation companies do not monopolize the market, the federal government has separated power generation companies from the power grid, and power plants and power grid companies cannot be the same company to prevent power plants from monopolizing regional electricity.
This seems to solve the possible monopoly, but in fact it is useless.
This is nothing more than making it a little more troublesome for capitalists to set up a few more companies.
The company under investigation is responsible for the power grid services of a state in the central region of the federation, bringing considerable profits to the group company every year.
If the company is broken up, it will no longer be able to provide lucrative profits to the group companies.
"The Presidential Office is determined to use us as a warning. There is no longer much meaning in struggling. My current suggestion is to separate the companies under review from the group company as soon as possible."
"Compared to this investigation and subsequent issues implicating the group."
Frank's words made everyone's heart sink, it was the worst possible outcome.
Someone asked, "Is there no room to turn?"
Frank asked rhetorically, "Our forces in Congress have been purged. Do you think there is still a possibility of compromise?"
"The most important thing to do now is to end the epidemic as soon as possible to prevent the situation from spreading."
"Even if the Presidential Palace still wants to take action, there will be no chance in a short time."
The monopoly investigation has so far only found out that this company has monopolistic behavior. After it is concluded, it will be difficult for them to initiate a monopoly investigation of the same content against the Jerry & Dess Group.
The Department of Justice will not support it, even if the president has the most centralized power at this time.
Originally, they wanted to resolve the matter properly, but they did not expect that the Presidential Office would act too quickly and too harshly.
Any hesitation now may make the situation worse, so Frank suggested stopping the loss in time.
Although it is painful for capitalists to stop losses, at least it can ensure that they will not suffer further losses.
The Jerry family members raised their voices slightly, "Are we just going to let it go?"
Frank shook his head, "Of course not. Since they want to investigate, let them investigate enough..."
The Jerry family representative sitting opposite him frowned, "What do you mean..."
"Spin off the company under investigation and whatever happens next will have nothing to do with us!"
Frank's suggestion was supported by everyone. It was not the style of the capitalists to resist, and they had no shortage of political allies.
Even if those members leave Congress, this does not mean that their influence will disappear immediately.
They have other political allies, and if they are really pushed into a corner, they may not be able to take a piece of flesh from the presidential palace.
Of course, what they have to do now is very simple.
The senior executives of the power grid company who are under investigation are being held in different rooms. They are still "cooperating with the investigation", so the level of supervision is not very high.
During lunch, they almost all got some hints. Although the content of the hints surprised them, even stunned them, they still implemented them faithfully.
In the afternoon, the investigation process that had been stagnant for several days suddenly accelerated, and some people began to confess and confess.
This greatly stimulated the enthusiasm of the investigation team, and they immediately reported the news to the Presidential Palace.
Mr. Trueman was indeed very satisfied after learning the news. This means that these big capitalists are indeed exploiting loopholes in federal law.
Actually everyone knows this!
Just because one company splits into two, it doesn't mean the monopoly is over.
Especially when the shareholders behind the two split companies are still the same group of people, this means that the monopoly has never been broken!
It just takes a more hidden way and exists in this society.
Based on this idea, Mr. Trueman thought of some unclear qualitative issues in the Anti-Monopoly Law.
Maybe there will be time to add or modify some of the terms to fit the current more covert monopoly form.
Maybe it was because someone confessed. By eight o'clock in the evening, almost everyone confessed and confessed.
Such a heartfelt confession did not attract the attention of the investigative team, including the presidential office.
The next day, Jerry & Dess Group issued a new announcement. Because the company under investigation was suspected of monopoly, it had settled all accounts of both parties and terminated all cooperation in advance according to the contract breach clause.
From this moment on, the company under investigation has no relationship with Jerry & Dess Group, and the group company does not assume any corresponding responsibility.
At the same time, the legal department of the group company announced that it will form a legal team to prosecute the companies under investigation during their cooperation with the group company.
They concealed the fact of their illegal operations from the group company and required the companies under investigation to compensate the group company for various expenses including but not limited to reputational damage, totaling more than 10 million yuan.
As soon as the news came out, all the consortiums in the federation felt that Pi Yanzi tightened and his sphincter contracted to the limit.
This cut was very painful.
After losing the right to operate the power grid in a central state, it would be much more expensive to reorganize it!
According to the current disposal method, this company will probably be split into two to five companies, and then the equity will be auctioned, part of the property rights will be auctioned, and the rest will be divided equally.
It is not easy for Jerry & Dais to get these, because other capital will join in this "entertainment", which is not big or small.
They can buy the operating rights of these power grids at a low price, and then operate them themselves or sell them to Jerry & Dais Group at a higher price, and they can make a lot of money.
So the competition will definitely be fierce, and everyone knows that as long as you buy it, you will make money.
Even if you don’t sell and run your own business, it’s still a good choice.
In addition, big capitalists have also decided to keep a low profile in recent times, and Mr. Trueman's "determination" has been seen by them.
If we bump into each other at this time, we can't even describe how stupid it is to do so!
This did have the effect Mr. Trueman wanted. The war is not over yet, and these capitalists had better put their fucking tail between their legs and behave!
Perhaps the series of news is so bad, and people in the power grid service company are also panicking. Everyone is very uneasy and doesn't know what the future will be like.
Some employees simply stole some valuable materials and left, while others were afraid to go to work at home.
The power grid with no one to take care of it breaks down unexpectedly...
"Power outage?" Mr. Trueman was still paying attention to the recent resumption of the war. He didn't even understand what the guy on the other end of the phone meant at the first time!
"Where's the power outage?"
"Mr. President, the civil power grid of the central... state is completely paralyzed, the industrial power grid is partially paralyzed, and many lines are faulty..."
Mr. Trueman immediately realized something, and his expression became much more serious, "Tell me, how long will it take to restore power?"
The voice of the person on the other end of the phone was a little low, "It may take half a month, conservative estimate."
This is not a small-scale power outage, it has affected most of the power grid in the entire state. In other words, people in this state will be without electricity for at least half a month.
Electricity has actually not been around for too long, but it has played a key role in human life.
Home appliances cannot be separated from electricity, lighting cannot be separated from electricity, learning cannot be separated from electricity, and production cannot be separated from electricity...
And if the power outage lasts for half a month, this will become a big trouble.
"Let their company perform a self-inspection immediately, contact the surrounding power service companies, and ask them to cooperate."
This may be a relatively normal way to deal with it, but the caller said softly, "Mr. President, the company involved is under antitrust investigation."
"All the management are under investigation in Bupain, and a large number of them have been arrested. There is no one in charge there now, and the workers have already run away."
"Even if we wanted to find someone from them to repair it, it would be difficult to find one."
"Second from other companies, they don't know much about the power grid there and their working speed is very slow, so it will take a long time to restore power..."
Mr. Trueman realized that this was the counterattack of Jerry and the Dais family, and it was very fast, but he didn't have a good way yet.
This incident must have been premeditated. Even if you pursue it, you will actually catch something, but they will only be some victims.
This also made him even more dissatisfied with these people.
"First arrange for other people to carry out emergency repairs and restore power as much as possible, and then I will think of other ways."
Not long after hanging up the phone, he picked it up again, this time calling Lynch.
At this time, perhaps only Lynch is willing to help him in the capital camp.
"There is a small problem. There is a power grid failure in a state in the central region. The power supply cannot be restored in a short time. Do you have any good ideas?"
He couldn't care about anything else at this time, so he asked very directly.
Lynch's answers were quick, as was his style, and almost nothing could stump him.
"Go find the power grid erection drawings and recruit electricians from the public, including electricians from those companies."
"Start restoring the lines outside the power plant first. If it's just a simple power grid failure, it won't be a big problem."
"Have you considered whether there is a possibility that in addition to natural failures, there is also the possibility of man-made destruction."
"If there is sabotage, it may take longer to restore power..."
After hearing Lynch's suggestion, Mr. Trueman could only sigh.
It's useless to call anyone at this time. Even if the antitrust investigation is terminated and they all go back to work, they won't be able to solve these problems in a short time.
It takes a long time to build, but it only takes a moment to destroy!
The public dissatisfaction caused by the blackout soon reached its peak. The state government was also very innocent, and the Presidential Palace also bore a lot of pressure.
The federal army sent a lot of military generators there, which slightly alleviated some of the problems in the living area.
But more people are still in the dark!
Winter is not over yet.
If there is a power outage at this time, people will die!