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But there are still several, though lower hurdles ahead for the estimated $355 million project.
Mr. Almunia had met last year privately with the chief executives of Europe's largest operators — Deutsche Telekom, Vodafone, Telefónica, France Télécom and others — who urged him to set lower hurdles to takeovers.
He wants to lower hurdles for initiating referendums, to bring people into the early stages of project planning and to strengthen the legislature, which under the CDU was subservient to the executive.
Deprived of urgency in attracting inflows, many countries spent much of that time doing very little to lower hurdles to investment, cut back on red tape or reduce the dominance of state-owned businesses, analysts have long complained.
It is also the time to drive emerging technology and game-changers where advances in fundamental science & engineering are needed to lower hurdles and pave the way for next generation technologies.
States like New York and Massachusetts are weighing comparable legislation — sometimes also known as low-profit limited liability or benefit corporations — and efforts are afoot to get federal legislation passed that would lower hurdles to the creation of such companies, including a quiet push to get preferential tax treatment for them.
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The question for the committee Tuesday was whether the evidence the company supplied met even the lower hurdle for accelerated approval.
Companies that are successful in fueling growth lower hurdle rates and relax other constraints that reflect a bygone era of scarce capital.
The prosecutors offered a lower hurdle: that Mr Gupta "anticipated some kind of benefit, directly or indirectly, however modest, from providing Rajaratnam with the inside information".
This is a much vaguer, and lower, hurdle than the "substantial harm" proposed for most disputed cases in the white paper.
It should be noted that Victorian voters who would sooner not have their votes corralled by back-room preference negotiators have a much lower hurdle to clear than they do at a federal election.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com