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by nl 1070 days ago
Firstly, the US has a bunch of existing laws to deal with monopolies already. Use them.

And if China Air suddenly folds then the US nationalizes their fleet or some similar intervention. Similar has been done during crises in the banking sector, and similar has been done in other countries when an airline went bust.

1 comments

>Firstly, the US has a bunch of existing laws to deal with monopolies already. Use them.

That seems to be impossible these days.

I think you are probably mostly familiar with high profile cases in the tech space. Outside that the DoJ has a pretty strong record of success in antitrust cases.

Recent examples include:

* A case involving wage suppression by a secret agreement of poultry procesors in Georgia (May 2023)

* A divestment agreement for ASSA ABLOY AB to take over Spectrum Brand Holding Inc.’s Hardware and Home Improvement division

* An antitrust lawsuit against Activision for esport wage surpression.

See https://www.justice.gov/news/press-releases?f%5B0%5D=facet_t... if you want more

I suspect antitrust action against a Chinese-owned entity that had shutdown travel in the US would be fairly broadly supported.

Very informative. I guess I'm still bitter about what happened with the Microsoft antitrust case in 2001.