reply to Probitas
Re: lack of competition isn't very American The term you're looking for is "Crony Capitalism", and it is reviled by true capitalists. See Ayn Rand's "Atlas Shrugged" for some good examples.
It's also similar to what many Chinese companies are, where it's owned by a government bureaucrat/insider/military unit.
We are increasingly seeing this in DC, with both Democrats and Republicans. We have seen it for decades in Chicago.