When Airlines Talk About Restricting Capacity at Conferences, You Know They’re Probably Not...

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    In the New York Times, James Stewart thinks that the airlines' public statements demonstrate collusion to restrict capacity and thus raise prices as the Department of Justice is investigating. Except that if there was actual collusion, the last way they'd be able to successfully pull it off would be for the CEOs of major airlines to signal their plans in a public forum. If all that existed were public statements, that would be highly suggestive there wasn't any collusion. Continue reading When Airlines Talk About Restricting Capacity at Conferences, You Know They’re Probably Not Breaking the Law...

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