The Conversation

Prix fixe: is airline consolidation to blame for sky-high airfares?

Author: The Conversation

After a wave of mergers, few large US airlines remain.Delta planes via www.shutterstock.com

News last month that the Department of Justice is investigating the biggest three US airlines for possible price-fixing again raises the question of whether the recent wave of mergers has left the market with too few competitors.

A case in point is the sharp...

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