User:Kir/SandboxSupreme: Difference between revisions

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Bay Trading Company has a bitter historical rivalry with [[KMT Corporation|Kerēgulan Merchants of the Tropics]], which was its leading competitor in the south-hemispheric commodities trade. Even today, the companies continue to compete vigorously in certain sectors (such as food, consumer brands, and global logistics), though the rivalry has lost intensity over time as both companies have diversified into different industries where they do not come into direct competition with one another.

For most of Kiravian capitalist history, BTC was the largest private Kiravian company based outside of [[Valēka]], though it lost this status after Kirosocialism. It has long been an important pillar of the Primóra municipal economy, as the city's largest private for-profit employer and a major contributor to charitable invitiatives and public-private partnerships in the Primóra metropolitan area. The state of Hanoram has been accused of giving preferential treatment to the group and its subsidiaries, including numerous sweetheart deals and tax loopholes.

As part of the larger process of {{wp|capital flight}} from Great Kirav in the leadup to the establishment of [[Kiravian Union|single-party socialist rule]], BTC hurried to evacuate assets such as bank accounts, inventory, merchant vessels, proprietary information, and higher-level management personnel overseas, mostly to [[Caphiria]] and to Kiravian colonies expected to resist the socialist takeover. As expected, BTC was one of the first corporations to be nationalised by the Kiravian Union under the International Trade Socialisation Act. It was reorganised as the state-owned Import-Export Enterprise South, which assumed control of BTC's remaining assets and operations in Kirosocialist-held territory. Controlled by state appointees and acting on directives from the [[Economic & Social Soviet]], Import-Export Enterprise South functioned as an instrument of the Union government's economic goals, and was tasked with identifying, maintaining, and delivering to overseas markets for Kiravian products, growing the country's foreign currency reserves, and facilitating the purchase and transport of imported goods when needed to offset deficiencies in the KU's planned economy.

In Æonara, BTC continued to operate under

foreign capital

consoomer brands

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The modern Bay Trading Company Group is a group of horizontally integrated corporations (a {{wp|Concern_(business)#Flat|flat concern}}) of legally distinct corporations linked by a common apex management group, cross-shareholding, supply relationships, and a common strategy and branding. The Group comprises X "principals" - major corporations that hold shares in one another and participate directly in the Group's collective management - and the multiple nested tiers of subsidiaries owned by the principal corporations.   

|Branded merchandising and retail; tax avoidance.

|Overseas subsidiary

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Bay Trading Company wields significant political and social influence, both directly and through a network of associated non-profit entities. It engages extensively in philanthropic endeadvours, investments in social enterprises, and political lobbying.

BTC is a major donor to the [[Society for Capitalist Preservation]] and was closely involved in its foundation in the aftermath of Kirosocialism. It also provides financial support to the [[Minor_Kiravian_Political_Parties#Kiro-Hekuvian_Party|Kiro-Hekuvian Party]] and other groups that promote strong ties between Kiravia and Caphiria, on account of its significant business interests there.