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by wheelgun1958
Mon Jun 20, 2022 12:38 pm
Forum: Off-Topic
Topic: Nobody but Trans Secy Pete Buttigieg
Replies: 96
Views: 35238

Re: Nobody but Trans Secy Pete Buttigieg

Paladin wrote: Mon Jun 20, 2022 10:44 am Anti-trust regulators have been asleep on the job for decades now:

The past 2 decades saw the number of major airlines in the US cut in half. See how consolidation in the 2000s left customers with fewer options as profits soared.
...the US saw eight more mergers and acquisitions shaping the current industry and setting the stage for record profits as some airlines grew larger with each transaction.

The result from years of mergers and acquisitions became three dominant carriers in the US with smaller carriers operating in their shadows and in the gaps, leaving the American public with fewer options.
What we really need is a competitive market with more airlines.
What we need is the government to get its fat thumbs out of private business.

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