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cpamomfromtexas

(1,245 posts)
Sun Aug 18, 2013, 01:12 PM Aug 2013

Why is the DOJ attempting to scuttle a merger supported and engineered by UNIONS?

All reporting on this subject fails to mention the merger was engineered by unions to get rid of American's corrupt and useless management.

And this is on the heels of a historic fine by the government of over $50 million because of American's maintenance practices (a several year investigation started by pilots to document maintenance practices finally resulted in a DOT investigation where American was ultimately assessed over $200 million in fines which was eventually negotiated down).

And why would Obama's administration get in bed with Republican AG's on this? Is it because United (which merged with Continental) HQ is in Chicago?


Here's a link

http://www.dallasnews.com/business/20130813-justice-department-files-suit-to-block-us-airways-american-airlines-merger.ece

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Why is the DOJ attempting to scuttle a merger supported and engineered by UNIONS? (Original Post) cpamomfromtexas Aug 2013 OP
Ever hear of COMPETITION??? elleng Aug 2013 #1
should have stopped Duckhunter935 Aug 2013 #2
Corrupt management will fail? You mean like they did in banking? Or the oil companies? Squinch Aug 2013 #3
 

Duckhunter935

(16,974 posts)
2. should have stopped
Sun Aug 18, 2013, 01:26 PM
Aug 2013

these mergers a long time ago. Competition is good. Corrupt management will eventually fail and one of the competitors will pick up the pieces.

Squinch

(50,949 posts)
3. Corrupt management will fail? You mean like they did in banking? Or the oil companies?
Sun Aug 18, 2013, 02:53 PM
Aug 2013

Or the food industry? Or education? Or the chemical industry? Or pharmacology? Or insurance? Or all the consumer companies the Koch brothers own? Or...

The deck is stacked. The corrupt companies start on third base, so no, they are the ones who DON'T fail. They are the ones who are driving the others out of business and picking up the pieces, and creating oligarchies instead of competition.

That was the point of getting rid of the corrupt management and putting in worker ownership.

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