What we need is the government to get its fat thumbs out of private business.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.
What we really need is a competitive market with more airlines....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.
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Return to “Nobody but Trans Secy Pete Buttigieg”
- Mon Jun 20, 2022 12:38 pm
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- Topic: Nobody but Trans Secy Pete Buttigieg
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