Originally Posted by
John Carr
1) MadMax made the point that historically, the mergers were more about company survival (job PROTECTION) than what's best for the consumer. After all, they have to let the nation's number 1-6 largest airlines merge into the nation's 1-3 largest airlines. Has that proven good for the consumer?
NK seems to be in financial distress, that could potentially lead to job losses
2) It seems the judge here cited the Clayton Act, and ONLY been concerned with the consumer, and not at all with job protections. The nations 5-6 largeswt becoming 5, with a whopping 8% of market share when it's all over.
NK seems to be in financial distress, that could potentially lead to job losses
3) Administration that is supposedly "labor friendly" didn't allow a merger to go through.
NK seems to be in financial distress, that could potentially lead to job losses
See the irony?