Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

erronis

(25,308 posts)
9. I imagine that Boeing and other established airplane manufacturers priced themselves out.
Tue Jul 7, 2026, 03:23 PM
Jul 7

When only a few companies compete for certain very expensive products, they rarely decrease their prices on a bid in order to win the contract. If they do, then other buyers that have already paid for a similar product will feel gypped (and rightfully so.)

Lockheed-Martin, McDonnell Douglas, Boeing, Airbus and just a few others had a monopoly, especially to western governments. I'll make an informed guess that there was a lot of collusion at the higher levels of these companies (also sharing of executives.)

Recommendations

1 members have recommended this reply (displayed in chronological order):

Latest Discussions»Latest Breaking News»NATO Snubs Trump, Selects...»Reply #9