This article examines the tortuous path from economic regulation, to deregulation and liberalization, to consolidation and collusion. It examines several elements of antitrust and competition law and policy, including mergers and acquisitions, coordination of pricing and service between...

Improved technology allows enhanced data opportunities. Yet, the more useful the data collected may be – whether financial, demographic or personal – the more intrusive is the impact on personal liberty and individual privacy. Thus, there is a trade-off in terms of the costs and benefits of...

Harmonising Regulatory and Antitrust Regimes for International Air Transport addresses the timely and problematic issue of lack of uniformity in legal standards for international civil aviation.First, it focuses on discrepancies within the regulatory and antitrust framework and possible...

The Airline Deregulation Act of 1978 was designed to create a more competitive environment in commercial aviation. But as deregulation has matured, we have an industry more highly concentrated than at any point in its history, and a horizon devoid of new competitors.During 1989, three of the...

The airline industry is in an unprecedented crisis, one that was not entirely unforeseen, but one which was nonetheless, unfortunate and avoidable. As 1991 dawned, five major airlines, accounting for nearly one-fourth of the nation's aviation passenger capacity, found themselves in some stage of...

US Airlines were deregulated in 1978. Although economic regulation was criticized for having produced poor financial results for the airline industry, the industry's financial performance has grown profoundly worse since deregulation. Deregulation is credited with having saved consumers billions...

American legal, political, and economic history has come nearly full circle. We began our republic with a powerful thirst for individual liberty and economic laissez faire. After nearly a century of regulated competition, we are returning to the humble origins of the rugged individualist. For...