[greyw]

Is that related to the privatization wave after 1989? If so, the culprit here is the corrupt political caste that sold companies below their true value for kickbacks. Corruption has been an endemic problem in the east.

[dr_kretyn]

It isn't. That happened some time around 2000. Unless your theory is that ~11 years isn't enough to change generations in which case there's more than that, right? Then give other examples.

[greyw]

Governments can block acquisitions and mergers for various reasons. Why this didnt happen in this case I dont know. Maybe they didnt understand the impact maybe regulators got paid off.

[lifestyleguru]

> Unless your theory is that ~11 years isn't enough to change generations in which case there's more than that

For the people holding power one decade is an eyeblink, the only generation change will be when they'll install their own children as a replacement.

> Maybe they didnt understand the impact maybe regulators got paid off.

They got paid off and by Western standards it was a bargain.