Following the commencement of deregulation of US airline industry in the 1970s, reduced airfares saved consumers billions of dollar a year however, the more recent string of airline mergers has
A) government safety regulators increasing employment opportunities for safety inspectors every year.
B) doubled the number of high-paying jobs in the airline industry year after year.
C) raised new concerns over how competition in the industry can once again be strengthened.
D) encouraged deregulators to push further and consider industries where deregulation needs are not obvious.

Question

Quizplus · Accepted Answer

The recent string of airline mergers has raised concerns over competition in the industry, as fewer airlines could lead to less competition, potentially affecting prices and service levels.

Following the Commencement of Deregulation of US Airline Industry in the 1970s