Ten years ago, on Oct. 29, 2008, Delta Air Lines closed its merger with Northwest Airlines. At the time of the announcement, critics warned of the horrible things that would follow. For example, the American Antitrust Institute (AAI) predicted “restricted seat availability, higher fares, degraded service quality, and less choice for consumers.” AAI also made the ominous prediction that the merger “would harm competition and consumers” and advocated that the merger be ...

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