INTELLIGENCER NEW ERA / AP

An article “United looks to business travelers” opens “United and Continental Airlines are counting on more business travelers – not higher fares for vacationers – to make their $3 billion merger pay.”

WATCHDOG: In reality, this is but another example of the flood of  mergers and acquisitions during  the past thirty years  that has reversed the early and mid 20th century efforts to promote competition and ignored via reinterpretation laws to prevent such actions.  The result:  Economic stagnation and further enrichment of the top 3% of society  (especially the top 1%) at the expense of everyone else.

Visit “Link among monopolies, income mal-distribution and local mismanagement.”

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Updated: August 4, 2016 — 3:27 pm