Uh, yeah! I think I can compare the WA to the interpretation of anti trust laws with regard to major airlines. That is no stretch at all! LOL You see the WA as anti-competitive and contrary to market forces just as major airlines look at the inability to consolidate the EXACT same way. Except that antitrust laws apply to every business in America. Exist in every free economy in the world (in some form or another). Are examinaed constantly by economists, lawyers, judges, congressmen, the press, the president and a couple of other folks I forgot. They are supported by congress and the supream court. but you contend they are EXACTLY like the WA? Grip issue will take place in room 4c. The only difference is every single financial mind also agrees that majors should be allowed to consolidate as a part of normal economic evolution.
Every single financial mind? Wow that is quite a claim. It is in fact also quite false. The issue is far more nuanced than I care to discuss, but not all mergers are created equal. So while consolidation seems to be where the industry is headed antitrust is supposed to make sure that the consumer (and workers) don't suffer as a result. mergers will happen despite (or with the blessing of) anti trust, so you point is?
Actually anti trust laws are agreed to by the vast majority of economists. In fact even the most liberal (traditioaly sense of the word) free market economists argue for SOME anti trust protection. This does not mean that they agree with ever application of these laws (neither do I)
You think majors are just supposed to capitulate to federal whim and provide a host for you to thrive on.
So you are saying that the Federal whim is for you to be a host for SWA? Dude I think I can hear the black helicopter know!
Do you think Wall Street would go along with SWA running the worlds largest airline? probably. Would Wall Street want SWA contracts to stay in place or use AA? Don't worry it won't happen GK doesn't want your debt. And they have quite a bit of money. Is this the same "they" with the black helicopers?When you talk mergers it is a slippery slope. You brought it up. It is the most successful one with the most to lose that often does. A gross over simplification. If AA could buy SWA they would have a long time ago.
BTW, what questions have you asked me? I re-read this and I don't see a question from you.