Well, you just described exactly what I am getting at as a possibility. And no, they wont break the law as the entire op is under the boot. Some will leave, and will just be replaced with ones who will play along. I really dont see whats so hard to understand. Majority shareholders call the shots. Thats the point of being a majority shareholder.
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You need to study Austrian economics. There are economic realities that you can’t just brute force.