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As WW2 was ramping up there was only 1 aluminum manufacturer - Alcoa (Aluminum Co of America). When they hemmed and hawed that they could not increase productio
by arrosenberg 2y ago
As WW2 was ramping up there was only 1 aluminum manufacturer - Alcoa (Aluminum Co of America). When they hemmed and hawed that they could not increase production to meet the US war demands, the FDR administration made an investment to start Reynolds, who would go on to supply all of the aluminum needed to create thousands of ships and airplanes. Today they make foil and plastic bags. Alcoa still exists too as a much smaller fish in a much larger pond.
The government has all the cards, negotiation is really just a matter of will.
- nitwit005 2y agoSure, but that's not the law being discussed. It's literally a negotiation process.
- arrosenberg 2y agoThat ignores the point of the story and what I was responding to. If there is only 1 company to negotiate with, the government is really the only entity that can threaten to simply create a competitor and give them the IP rights (by legal fiat) to do so. If you tell the existing company that your alternative solution is to compete with them using taxpayer money, they might choose to take the lesson of history and accept the government's negotiating position.