The recent merger of US Air with American Airlines received both national and local attention. The U.S. Department of Justice contested the merger on the basis that it would produce harmful monopoly-like behavior in many airline markets. Develop an argument in favor of the merger. Base your arguments on the economic principles of barriers to entry.

Answer rating: 100% (QA)

Once in US there used to be 9 major airlines which have now reduced to 4 This mainly happened becaus... View the full answer