“The National Moderation League supports strong regulation of essential industries to protect consumers and ensure fair competition. However, we believe effective regulation achieves these goals without requiring state ownership. We therefore support a balanced mixed economy that protects both the public interest and economic efficiency. Despite Ideologically opposing this bill, We would support a moderate version if presented in future to strengthen the nation and honor our close relationship with the CC”
Public Ownership Of Natural Monopolies Act of 2020
Rationale
Public ownership of natural monopolies ensures fair access and prevents price exploitation, benefiting consumers and economic stability by reducing the negative impacts of reduced competition and lower quality services that would occur from profit maximising monopolies
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Public Ownership of Key Industries |
Private, with strong regulation
|
Public ownership of natural monopolies
|
1
Public Ownership of Key IndustriesProposer
Party
Compassionate Collective
We reject the notion that humans are innately selfish and self seeking. The party advocates for greater environmental regulations to protect the world, reformation as everyone has the capability to become a better person from their mistakes, strengthened worker's protection and greater equality!
Core pillars
Ramón Castro
Activist · Age 60
Once a rockstar-turned-activist, Ramón Castro traded stadiums for protests after a viral rant against systemic injustice made him a household name, now wielding his celebrity like a megaphone for radical reform.
Timeline
-
Draft1 March 2020
-
Vote Open31 May 2020
-
Vote Closed30 July 2020
-
Did Not Become Law30 July 2020
Vote tally
Live tally across each chamber. Weighted by seats held.
National Congress
FailedFor: 51 / 300 seats (17.0%)
Against: 136 · Abstained: 0 · Not voted: 113
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Compassionate Collective Proposer | 51 | Yes | No reason given |
| National Moderation League | 0 | Abstain | The National Moderation League supports strong regulation of essential industries to protect consumers and ensure fair competition. However, we believe effective regulation achieves these goals without requiring state ownership. We therefore support a balanced mixed economy that protects both the public interest and economic efficiency. Despite Ideologically opposing this bill, We would support a moderate version if presented in future to strengthen the nation and honor our close relationship with the CC |
| New Peoples’ Alliance | 136 | No | Private companies help create competition and will provide the best services for the cheapest price. |
| Empty seats | 94 | Not voted |
President of the Republic
PassedFor: 1 / 1 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Compassionate Collective Proposer | 1 | Yes | No reason given |
Voting record
Every vote must state a public reason. Most recent first.
“Private companies help create competition and will provide the best services for the cheapest price.”