Hmm...in my personal experience, nepotism was worse when I was in the public sector.
Nepotism is very much alive and well in the private sector up and down the management pyramid. It may not be as blatant as the example you gave, but you'll see it if you know what to look for. In small businesses, oh look, the owner's son is in a high management slot. Larger companies, oh, funny how that junior individual got a high level internship has the same last name as a key senior customer. There is plenty of this to a lesser degree - oh, my friend's son is having trouble landing his first job out of college - let me call my buddy in the office who is looking for someone so he can get fast tracked through the HR screening process. It's quite common.
Yeah...that larger energy source might be depleted in a few billion years. Please try not to be so blatantly stupid.
Would add that when that larger energy source is depleted, Earth and humanity will have more pressing questions beyond whether or not I can charge my phone.
On the other hand, making it a legal requirement for them to maintain these lists in-house would be a very large hurdle to jump for anyone who wants to get into the payment processor business, which would be a great thing for the existing providers.
Not if there is a large legal liability tied to it - i.e. they will be open to lawsuits if they some how get it wrong. Businesses want stability - they want clear rules of what they have to do especially when it comes to things that could open them up to large number of lawsuits like this.
"This is a contract ceiling that includes all possible hardware, components, and services over a ten-year period at the worst possible pricing structure. Less than half of this total is possible for the US Army. This total includes all possible sales to all sister services, foreign military sales, and all maximized service contracts," he wrote.
So while IVAS may be a boondoggle, no one has actually spent anywhere near that amount yet.
It's surprising because it's one group of owners specifically penalizing another owner (and potentially hurting the value of their investment).
Absolutely, which is why this is a tactic of last resort.
"The most important thing in a man is not what he knows, but what he is." -- Narciso Yepes