Deregulation has hurt workers the most (nytimes.com)

May 26, 2016

By Sara Nelson

Jobs lost, pay stagnant, slashed pensions and eroded work rules — these are the problems airline workers have shouldered in bearing the brunt of deregulation. Passengers have suffered loss of flight options and a deteriorating travel experience.

While deregulation was promoted as a way to increase competition, the opposite has proven true. Industry consolidation, spurred by deregulation, has radically reduced competition. Many small communities are paying that price as airlines have withdrawn from their markets. Even the largest markets have seen a reduction in competition. Four major airlines now control over two-thirds of the U.S. domestic market. And, for the most part, they carefully avoid setting up large, competing hub operations in the same cities.

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Tags: competition, consolidation, deregulation, jobs, liberalisation, open skies, pensions, working conditions