Colt CZ buying ammo company

[S.A.]

Colt CZ plans to buy competitor Sellier & Bellot for $350 million

https://www.defensenews.com/industry/2023/12/19/czech-ammo-maker-colt-cz-to-buy-brazilian-owned-competitor/

[Tripplet918]

At this rate, we’ll have a monopoly on ammo in the US. Prices will not be coming down.

[divingin]

At this rate, we?ll have a monopoly on ammo in the US. Prices will not be coming down.

Foreign owned monopoly no less.

[Calamity Sue]

ColtCZ buys Sellier & Bellot

Two of my favorite shooting items. My CZ 9mm and 9mm S&B ammo. A great combo. Link below. Merry Christmas and Happy New Year.

https://www.coltczgroup.com/en/media-press-releases/colt-cz-group-se-acquires-traditional-czech-manufacturer-of-small-caliber-ammunition-sellier-bellot

[xMAC1x]

Along with Vista outdoors heading over to extremely tiny Czech republic 290 billion pdp how in the world is this a good deal for the citizens of the USA?