The monopolization of air transportation is among the most pernicious of commercial events, for the price of air transport impacts the cost of doing business in entire geographic regions. At cities like Minneapolis and St. Paul, Detroit and Memphis, the suppression of competition results in a...

Though the early 1990s brought about a proliferation of new entrant airlines, the late 1990s was an era of bankruptcies, liquidations and retrenchments for upstart airlines. Five new airlines per year emerged from 1990 to 1995. But from 1995 until early 1999, not a single new airline began...

This essay is divided into several sections:1. The first is theintroduction.2. In the second, we examine the empirical evidence of predatory conduct. We examine how major airlines behave in three scenarios: (1) major airline vs. major airline; (2) major airline vs. Southwest Airlines; and (3)...