Ceironian National Industrial Conglomerate: Difference between revisions
Ceironian National Industrial Conglomerate (edit)
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The CNIC was founded on the basis that it would legitimise the functioning cartel between Inron Armaments & Armoured Automobiles, Latango Arms and Spania Aeronautics, and lessen public and political distaste towards the "alliance" between the Ceironian Union government and the previous iteration of the conglomerate, the CNAC. Another factor was Douglas Nimroy's personal and organisational preferences towards business management, as creating an entirely legal and legitimate corporation as opposed to the cartel meant that the company dissolving from the inside would be impossible, with only worries from public movements and politicians who wished to "anti-trust bomb" the near monopoly over military-industrial production. Immediately after the founding of the new corporation, all of the established subsidiaries were renamed from the Inron Arms Company, Latango Arms Incorporated, Spania General Arms and North Kashini Arms to in the same order as Inron Armaments & Armoured Automobiles, Latango Naval Construction Inc, Spania Aeronautics and the Kashini Extraterrestrial Kompany.
The subsidiary with the primary alteration was the transformation of NKA into the KEK. As the [[Government Corporation Agreement|GCA]] is amendable, and with Nimroy at the helm, a deal was struck with the Ceironian government that the KEK would have merged administrative responsibility over the Space Program with the National Space Exploration Agency, beyond serving as its sole contractor for constructing rockets. This amendment to the GCA would legally be active for ten years from May 2454 onward and would be automatically renewed in May 2464. As Nimroy had a keen interest in space exploration and the eventual colonisation of Paidi and Adelfi, he became Director of the NSEA, a position in which he would continue possessing until 2480 with his assassination. The KEK would could continue developing and constructing weaponised missiles in contracts with the Ceironian Armed Forces.
As the CNIC was the legal successor and continuation of the CNAC, the [[Ceironian Government Corporation Agreement|Government Corporation Agreement]] of 2451, which is more comprehensively described in the [[Ceironian National Arms Corporation|CNAC]] page, continued on. As the agreement remained in appliance to all CNIC companies, that included but isn't limited to a taxation rate of several percent higher than other corporate entities, the Ceironian government to accept CNIC contractors in disfavour to other military-industrial companies. Censorship of mainstream media outlets significantly opposing the elevated status of the conglomerate, this part of the agreement however was amended and made defunct upon the ousting of the Tarasovite government and the transition to democracy. Another bargain was that the government would never crack down and anti-trust regulate the conglomerate, this claimed as a "godsend" by Oleg Zhdanov, the President from 2463 to 2475. Another "pact" made with the Ceironian government is that conglomerate subsidiaries may not make up above a fifty percent market share in any industries. upon reaching the threshold, the government has the legal right to commit punitive action against whichever subsidiary(s) arrive at the final margin and seize up to thirty-three percent of the total assets of said subsidiary(s).
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