Legislative Bill · Sveria
Failed

Competition And Ownership Reform Act of 2020

Failing
passing in 0 of 2 chambers
Opened
10 Jan 2020
Voting closes
29 Feb 2020
Chambers
2 legislatures
Articles
2 changes

Rationale

These changes address rising inequality, market failures, and social hardship by empowering government to curb corporate abuses, secure essential services, and protect vulnerable citizens.

Proposed Changes

1

Competition & Monopolies
Previous law
No competition intervention
Active competition enforcement

2

Public Ownership of Key Industries
Previous law
Privatise and lightly regulate
Public ownership of natural monopolies

Timeline

  • Draft
    10 January 2020


  • Vote Open
    10 January 2020


  • Vote Closed
    29 February 2020


  • Did Not Become Law
    29 February 2020

Vote tally

Live tally across each chamber. Weighted by seats held.

National Parliament

Failed
0Yes 0No 200Not voted 200 seats

For: 0 / 200 seats (0.0%)

Against: 0 · Abstained: 0 · Not voted: 200

50.1% of those voting must vote in favour (actual = 0.0%)
Party Seats Vote
Liberal Sveria 0 No
Modern Alliance Of Sveria 0 No
People's Democratic Alliance Proposer 0 Yes

Union Parliament

Failed
0Yes 0No 700Not voted 700 seats

For: 0 / 700 seats (0.0%)

Against: 0 · Abstained: 0 · Not voted: 700

50.1% of those voting must vote in favour (actual = 0.0%)
Party Seats Vote
Liberal Sveria 0 No
Modern Alliance Of Sveria 0 No
People's Democratic Alliance Proposer 0 Yes

Voting record

Every vote must state a public reason. Most recent first.

No

“Modern Alliance supports fair competition and effective oversight where necessary, but we do not believe expanded state ownership is the right solution. Strong markets, private enterprise and targeted regulation are more effective at delivering innovation, investment and long-term prosperity.”

Liberal Sveria
Voted Jan. 15, 2020
No

“Liberal Sveria appreciates the first measure to introduce some manner of regulation for monopolies, but we cannot in good faith approve the blatant nationalisation of key industries by the State. Hard working entrepreneurs dedicated their lives to founding our major corporations, they contribute to the economy and create jobs. Any nationalisation effor would ruin the hard work we tried to establish to foster a competetive economy. For this reason Liberal Sveria votes against these measures.”

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