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by alecco
1382 days ago
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It's not a duopoly. Around 2007-2008, Sabre went on an acquisition spree and bought the major clients of Amadeus around the world. Then proceeded to force them to use Sabre instead (quite inferior results and heavily biased towards AA and other related companies). And finally when the 2008 crash happened, did massive restructuring and layoffs on such companies. Even for profitable ones. Some were sold afterwards for pennies on the dollar. The hit and run on Amadeus worked. Got to love central bank backed corporations. (0% interest loans of unlimited amounts) Sabre is an invincible Goliath. Amadeus is a David just trying to survive. Source: I worked for one of those companies at the time. |
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