01-26-2022, 05:51 PM
part of it too is a monopoly. When Remington went bankrupt, Vista Outdoors bought the ammo division. So Vista Outdoors owns (primer makers) CCI, Remington, Federal. Olin owns Winchester. So it went from 3 competitors down to two competitors. VO is recording record profits right now. they're buying back stock and paying off debt. this is not all of it but a big part of it. I notice the FTC said nary a word about VO acquiring Rem ammo and creating a monopoly. obviously sporting goods consumers don't count as consumers. yes material cost has gone up, and with lots of people out for covid, manufacturing output is down, but part of the cost is VO can set the price they want right now and there's only 1 competitor they have to be concerned about.
-tdbru
-tdbru

