Large mergers should not be blocked. This myth about preventing monopolies is simply nonsense.
Except it's really, really not. To think otherwise is to completely ignore reality. In the airline industry we now have an oligopoly and certain airfares have gone way up. I run group trips and we can no longer get group discounts because the airlines have merged to the point of being in full control of the market and having all the power in negotations; we can't go somewhere else. Then look at the recent competition in the cellular market, with all of them now rushing to match T-Mobile's unlimited data plans. If the market constricted, all those deals would go away. Why do you think otherwise? What *DATA* do you have other than your opinion and "the free market is always best" brainwashing?
Airlines are HEAVILY regulated. There are thousands of rules and regulations that apply to them, including additional rules that apply to regular businesses. So, my question is: If you've never experienced a free market, how do you know it's not better?
Large mergers should not be blocked. This myth about preventing monopolies is simply nonsense. Monopolies happen when there is a LACK of competition and too much regulation created to favor Washington connected players, not when there is actual strong market competition.
Clearly you don't live in a market where Comcast is your only option for cable television and high speed internet. The worst company in the world. And they use that monopoly to charge whatever they want. Price increases are generally rubber-stamped by the local governments, because it means more tax revenue.
That's why lots of people try to use cellular data, especially LTE, as replacement service. People are actually trying to force the creation of choice, not the government.
Local markets typically have so-called cable monopolies because they are protected from competition by legacy agreements with cities for tax purposes, as you said. There's no competition because it was a political decision. It's not a free market.
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