format_quote Originally Posted by
Woodrow
Is there a such thing as an American Company?
For every American company you find 'owned' by a 'British' one, you will find two the other way around. And in both cases, shares will be held by multiple nationalities (or investment houses from many countries), anyway.
It's an inevitability of an increasingly global economy. It makes no real difference; just because a company is 'American' or 'Japanese' doesn't mean one government has any more control over them than another, except in relatively trivial reporting and tax legislation in the country(ies) where they are registered and based. Virtually all big corporations operate totally across borders and under multiple regulatory regimes, anyway.
In that particular case I just feel sorry for the bus drivers and other staff; First stinks when it comes to treatment of it's employees.