United Airlines, Monopoly/Oligopoly, The Natural Laws of Capitalism
United Airlines, Monopoly/Oligopoly, The Natural Laws of Capitalism
April 17, 2017
In the US four airlines control over 80% of the seats and in many regional markets the competition veers towards a state of monopoly. There is simply no effective competitive controls on what the airlines can charge and under what conditions.This has lead to persistent high fares and a seemingly endless series of innovations in how many people can be jammed into a plane with as many extra charges tacked on for fewer and fewer amenities.