Highway robbery!
Doesn’t anyone down there have a gun?
Lets see, I buy a car I pay for it, but I don’t own the little black box that makes it run. If the car companies don’t want to give out the information in the box, stop selling them.
I hope Chavez is assassinated soon.
Why would anyone want to do business in Venezuela anyway?
No need for O’Chavez to demand they be shared. If it is GM or Chysler Hussein will gladly gift the technology; Ford may be another issue.
Regards and Merry Christ-mas.
Seems fair. The companies can leave the country, avoiding the inevitable ‘nationalization’ that comes with dictatorial socialism.
Shucks! Put me down for a new 2011 Hugo. Can’t wait to take delivery. Need a new target for the rifle range out back.
Japan: patents on technologies US companies develop have to be licensed on the cheap to Japanese companies.
China: you have to start joint ventures with local companies, which will then siphon your technology and intellectual property off to other companies.
If you are going to steal, steal from the best!
Hmmm. let’s see. A little. fat, greasy, 3rd world dictator threatens auto manufacturers. How do the auto companies handle this? Shut down. Leave the country and write off the entire operation. Forbid parts sales to Venezuala directly or indirectly. Announce plans to build in Honduras and Colombia or where ever democracies exists. When asked, say, “He made us an offer to share company secrets or leave. We took his offer. Isn’t that what we were suppose to do?” This is only effective if they all do it together on the same day and the same time and announce it from their home countries. Maybe they can get some of those really vintage cars from Cuba to help out. It would take 1 - 3 years for the countries he mentioned to ramp up production. Wouldn’t take but about 2 months for Venezuala and neighboring companies to feel the effect.
Why in hell are these companies still doing business in Venezuela, anyway? How long has this jerk been in power... and how many industries have they seen taken over?