Reported about 1 month ago
The Biden administration has initiated a public inquiry into the state of competition in air travel, focusing on the impacts of airline mergers and joint ventures. Managed by the Justice Department's antitrust division and the Transportation Department, this move comes amidst criticism of airlines over hidden fees and raises questions about its timing, just ahead of national elections. While especially four major airlines dominate the market, they contend that competition remains strong, pointing to declining average airfares despite rising fees. The inquiry will also examine pricing strategies and frequent-flyer programs, inviting public comments until December 23.
Source: YAHOO