Some of these tactics may be familiar to you. Regardless of tactics, the strategy appears obvious.
1. Some affluent individuals separately (and without collusion) purchase each of the domestic firearms manufacturers, taking them private and installing new management.
- The domestic firearms industry is on the order of $4 billion/year in revenue. Any calculation of its enterprise value should recognize significant liabilities and regulatory contingencies. It seems safe to assume some combination of Bloomberg, Buffet, Geffen, Burkle, maybe Laurene Jobs, and a few friends could arrange this.
2. These companies ensure, through long-term compensation awards and non-compete agreements, that the skilled engineers and designers don’t go anywhere.
3. These companies aggressively innovate and patent their advancements in firearms design. They may cross-license these patents to one another, but to no foreign manufacturers or new entrants. They litigate viciously against infringement by new entrants and imports.
4. The companies choose to sell only to governments. Perhaps they cease sales altogether, and instead license use of their valuable innovations, again, only to governments.
5. The companies, or unaffiliated nonprofits, make extravagant offers to buy up firearms and ammunition currently in private hands.
6. The companies and their executives donate to political campaigns.
7. The companies are aggressive in defending abuse of their trademarks by sellers of pre-owned firearms on secondary (or other “gray”) markets.
8. The companies should be prepared to settle lawsuits against the states with a substantial settlement that aligns state governments’ incentives with the industry’s.
What legal (constitutional?) hurdles am I forgetting?