End users now expect to be able to transfer money around the world in real time and at low cost. But existing payment systems are fragmented along national lines. The German Girocard scheme and the French Carte Bancaire, for example, are both used by large numbers of end users in their domestic markets, but they exist in parallel and separately from one another.
This can be done via injunctions and removing strikers’ protection against legal action. The changes I have suggested would benefit the general public, employees in the public sector who wish to contribute to the welfare of the public, and the public sector as employer.