Transdigm Group Inc's (TDG) management technically admitted to holding certain areas of the aerospace and defense market captive in a hearing last month. Interestingly enough, the market did not take notice of this admission given the stock is still trading at record highs. For an overview of the hearing, check out the video here.
About half way through the process, U.S. house representative of California, Katie Hill, asked Transdigm management whether "Transdigm would be able to charge whatever it wants because the department of defense ("DoD") needed the parts to meet