In January of 2024, a judge blocked the attempted merger of Spirit Airlines and JetBlue. “The airline industry,” wrote Boston-based Judge William Young, “is an oligopoly that has become more concentrated due to a series of mergers in the first decades of the twenty-first century, with a small group of firms in control of the vast majority of the market.”
Young was correct in his assessment. But at the time of the decision, I made the point that a re-regulation of airline travel was…
