Thread: Top DOJ v Merger Articles

  #5  
kingairip , 08-27-2013 05:37 AM
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kingairip
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Top DOJ v Merger Articles
http://www.coloradoan.com/article/20130826/COLUMNISTS180/308260032/Robb-Antitrust-courts-should-not-prediction-business?nclick_check=1

One of the better ones I've seen. Love this:

"Having disproportionate pricing power is a strange charge to be throwing at anyone in the U.S. airline industry. Since 1990, there have been over 20 bankruptcies of U.S. airlines. All of the legacy carriers whose pricing power the lawyers/economic soothsayers are fretting over have been in bankruptcy within the last ten years.

Here’s an economic insight for the lawyers: If you’re going bankrupt, you don’t have pricing power."
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