The Taming Of France Telecom
When Michel Bon took charge of France Telecom in 1995, privatization of the phone monopoly was the government's bete noire. Each time officials made a move, militant unions staged massive strikes, forcing the government into a humiliating retreat. Bon's predecessor quit after just five days, making Bon the third president in three months. Unions struck within weeks of his arrival. Their ominous message to the newcomer: "Don't even think about privatizing."
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