The U.S. Department of Defense and the Federal Trade Commission have spent the last year trying to figure out how to justify approving the United Launch Alliance (ULA), an unprecedented merger-to-monopoly of the Boeing and Lockheed Martin government launch businesses. As the Defense Department's top acquisition official, Ken Krieg, recently told Reuters, "the commission has understandable concerns about approving a merger that would create a monopoly." By its nature and design, the ULA will result in extraordinary market concentration and significantly reduce competition in the space launch industry.
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