Privitisations of monopolies and management veto power

George Megalogenis in Taxpayer may be the ultimate loser looks at how:

When a monopoly or national interest business is privatised, management assumes the veto power the trade unions once held over the economy.

George claims that management of both Telstra and Qantas have gone on strike in an attempt to get their own way. He argues, and I would agree, that this is not something a normal enterprise would do in a competitive market. he finishes with:

The trade unions that cover Qantas accuse management of trying to sneak the airline offshore. If that is really the long game, then both sides of federal politics would need to think carefully about the next step.

The Telstra standoff was finally resolved through a form of de-privatisation. The NBN was Labor's way of restoring the community obligation that Trujillo passed on under the Coalition.

The national interest demands that Qantas and the trade unions find common ground, fast. Otherwise the tab to keep Qantas alive may eventually fall on the taxpayer.