It is a rule of thumb, consumers get screwed.

It is a rule of thumb, consumers get screwed. From today’s NY Times editorial:
But it doesn’t take an investigation to figure out that higher airfares are the direct result of reduced competition. Consumer advocates clearly warned that allowing mergers like the 2013 American Airlines-US Airways combination would harm consumers. This is exactly what is now happening.”

Oil prices have fallen and eased prices at the gas pump for drivers, but airfares haven’t nudged a bit.
nytimes.com|By THE EDITORIAL BOARD

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