This proves that bad companies can do bad things. Regardless of the country they are in.
The prerequisite of zero U.S. industry was not the criteria.
That's not what you said : It is well known that once the predator nations have finally exterminated U.S. industrial production...that prices will then drastically go up. That is an empirically well demonstrated phenomenon that is axiomatic. There is a lengthy, lengthy U.S. experience with this happening.
You said the US produces large-screen projection model TVs. Have these predator nations gouged us on the televisions we no longer produce? Why not?
Where is the lengthy, lengthy U.S. experience with this happening? One imperfect example doesn't sound lengthy, lengthy.
And being reduced to ONE company is close enough to extermination to prove the vulnerability of the U.S. to the forces of foreign self interest unencumbered by competition.
And it was a perfectly good example of the U.S. experience with foreign trade, and its continuing reality, and what used to be routinely taught in most U.S. history classes, right up until the late 70's.