Monopoly supplier of critical Pentagon semiconductors shuts down its production
Massive consolidation is happening in every industry, IT distribution to cabinet parts to industrial equipent.  I think it is from cheap debt allowing private equity to buy up a bunch of companies, smash them together, cut the duplication and lower margin parts of the business, hiking margins as they eliminated competition, and then spinning them off.  Debt has been so cheap, they don't even need to have up front capital, just borrow and profit off the deal.<p>However, it is eliminating useful and valuable products & tools, disrupting lives, and making it very difficult to run a business that relies on those parts.<p>This is one of the many ways endless years of emergency low interest rates are destroying the economy and the livelihood of many people.