Antitrust

Trump Intervenes in Netflix-Warner Bros Antitrust Review, Favoring Politically Connected Paramount

| Importance: 9/10

President Trump publicly intervenes in the DOJ’s antitrust review of Netflix’s $72 billion acquisition of Warner Bros. Discovery, stating it ‘could be a problem’ due to market concentration and demanding that CNN be sold. Trump’s intervention follows his …

Donald Trump Netflix Warner Bros Discovery Paramount Larry Ellison +2 more antitrust political-interference corruption doj media-consolidation +1 more
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Meta Wins FTC Antitrust Case as Judge Rules No Monopoly Despite Instagram/WhatsApp Acquisitions

| Importance: 9/10

Judge James Boasberg ruled that Meta does not hold an illegal monopoly in personal social networking, dismissing the FTC’s five-year antitrust case seeking to force divestiture of Instagram and WhatsApp despite extensive evidence of Meta’s “buy or bury” strategy to eliminate …

Judge James Boasberg Meta Mark Zuckerberg Federal Trade Commission Lina Khan antitrust meta facebook ftc regulatory-capture +4 more
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DOJ and FTC Identify 125+ Federal Regulations for Elimination as "Anticompetitive"

| Importance: 8/10

The DOJ Antitrust Division and Federal Trade Commission announced they had identified over 125 federal regulations for review and potential elimination under Trump’s Executive Order on Reducing Anti-Competitive Regulatory Barriers. The initiative represents a systematic dismantling of …

Department of Justice Federal Trade Commission (FTC) Trump Administration deregulation antitrust regulatory-capture corporate-welfare
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Fired DOJ Antitrust Official Accuses Bondi Leadership of Corruption in $14B Merger

| Importance: 9/10

Former DOJ antitrust official Roger Alford publicly accused Attorney General Pam Bondi’s chief of staff Chad Mizelle of ‘perverting justice’ by overruling career officials to approve the Hewlett Packard Enterprise-Juniper Networks $14 billion merger. Alford and another senior …

Roger Alford Pam Bondi Chad Mizelle Hewlett Packard Enterprise Juniper Networks +1 more institutional-capture doj systematic-corruption antitrust
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Trump Revokes Executive Order on Competition

| Importance: 8/10

President Trump signs executive order revoking previous competition and antitrust enforcement policies, clearing path for increased corporate consolidation and monopolistic practices without federal oversight.

Donald Trump Department of Justice Antitrust Division Federal Trade Commission monopoly-power antitrust economic-policy reward-allies corporate-consolidation +3 more
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Judge Rules Google Operates Illegal Ad Tech Monopoly, Orders Divestiture of Ad Business

| Importance: 10/10

U.S. District Judge Leonie Brinkema ruled that Google illegally monopolized digital advertising technology markets through systematic anticompetitive conduct including tying arrangements, exclusionary contracts, and manipulation of ad auctions—finding that Google’s control of 91% of publisher …

Judge Leonie Brinkema Department of Justice Google Sundar Pichai 8 State Attorneys General antitrust google monopoly ad-tech regulatory-capture +3 more
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FTC Blocks Kroger-Albertsons $24.6B Grocery Merger, Citing Labor and Consumer Harm

| Importance: 9/10

The U.S. District Court for the District of Oregon granted the Federal Trade Commission’s request for a preliminary injunction to prevent Kroger from acquiring Albertsons on December 10, 2024, blocking the largest proposed supermarket merger in U.S. history. The FTC had sued to block the $24.6 …

Federal Trade Commission Kroger Company Albertsons Companies Judge Nelson antitrust ftc kroger albertsons merger-enforcement +2 more
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FTC Sues Big Three PBMs for Artificially Inflating Insulin Prices Through Rebate Schemes

| Importance: 9/10

The Federal Trade Commission filed an administrative antitrust complaint against the three largest pharmacy benefit managers—CVS Caremark, Express Scripts (Cigna), and OptumRx (UnitedHealth)—and their affiliated group purchasing organizations, charging them with anticompetitive and unfair practices …

Federal Trade Commission Lina Khan CVS Caremark Express Scripts OptumRx +3 more healthcare pbm pharmacy antitrust ftc +3 more
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Federal Judge Rules Google is Illegal Monopolist in Landmark Search Antitrust Decision

| Importance: 10/10

U.S. District Judge Amit Mehta ruled that Google illegally maintained monopolies in general search services and search text advertising, marking the most significant antitrust victory against a tech company since the Microsoft case in 1998. The ruling found that Google’s payments exceeding $26 …

Judge Amit Mehta Department of Justice Google Sundar Pichai Apple antitrust google monopoly regulatory-capture tech-monopoly +3 more
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House Oversight Releases Damning PBM Report After 32-Month Investigation: Anticompetitive Policies Exposed

| Importance: 9/10

The House Committee on Oversight and Accountability held a hearing with executives from the three largest PBMs—Adam Kautzner (Express Scripts), David Joyner (CVS Caremark), and Patrick Conway (OptumRx)—presenting findings from a comprehensive 32-month investigation. Chairman James Comer released a …

House Oversight Committee James Comer Adam Kautzner David Joyner Patrick Conway +3 more healthcare pbm pharmacy antitrust congressional-oversight +2 more
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FTC Report Reveals PBM Oligopoly: Top 3 Control 80% of Market, Extract $7.3 Billion Through Markups

| Importance: 9/10

The Federal Trade Commission released its interim staff report titled ‘Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies,’ revealing alarming market concentration and anticompetitive practices. The report found that three PBMs—CVS …

Federal Trade Commission Lina Khan CVS Caremark Express Scripts OptumRx +1 more healthcare pbm pharmacy antitrust regulatory-capture +3 more
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Chamber of Commerce Sues FTC to Block Non-Compete Ban, Challenging Agency Authority

| Importance: 9/10

The U.S. Chamber of Commerce, joined by the Business Roundtable, the Texas Association of Business, and the Longview Chamber of Commerce, filed a lawsuit in Tyler, Texas federal court against the FTC and Chair Lina Khan over the commission’s vote to ban noncompete clauses used to block …

U.S. Chamber of Commerce Federal Trade Commission Lina Khan Business Roundtable antitrust ftc chamber-of-commerce corporate-lobbying labor-rights +2 more
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DOJ Sues Apple for iPhone Monopoly Maintained Through Ecosystem Lock-In and Developer Restrictions

| Importance: 9/10

The Department of Justice, joined by 16 state attorneys general, filed a comprehensive antitrust lawsuit against Apple alleging the company illegally monopolizes smartphone markets through a systematic strategy of ecosystem lock-in, developer restrictions, and suppression of “super apps” …

Department of Justice Apple Tim Cook 16 State Attorneys General antitrust apple doj monopoly regulatory-capture +4 more
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DOJ Launches Antitrust Investigation of UnitedHealth's Vertical Integration Strategy and Optum Physician Acquisitions

| Importance: 9/10

On February 27, 2024, the Wall Street Journal reported that the Department of Justice launched a major antitrust investigation into UnitedHealth Group, focusing on whether the company’s vertical integration strategy—particularly Optum’s acquisition of physician practices—creates …

Department of Justice UnitedHealth Group UnitedHealthcare Optum healthcare medicare-advantage antitrust vertical-integration regulatory-capture +1 more
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JetBlue-Spirit Merger Blocked by Court, Rare Victory for Biden Antitrust Enforcers

| Importance: 8/10

U.S. District Judge William Young blocked JetBlue Airways’ $3.8 billion acquisition of low-cost rival Spirit Airlines on January 16, 2024, handing the Biden administration a significant victory in preserving airline competition. Judge Young ruled that the merger would harm competition and …

Department of Justice JetBlue Airways Spirit Airlines Judge William Young antitrust doj airline-industry merger-enforcement biden-administration +1 more
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FTC and DOJ Release 2023 Merger Guidelines Rejecting Consumer Welfare Standard

| Importance: 9/10

The Federal Trade Commission and Department of Justice released final 2023 Merger Guidelines on December 18, 2023, representing a major departure from the consumer welfare standard that had guided antitrust enforcement for nearly half a century. The Guidelines signaled a move from the existing …

Federal Trade Commission Department of Justice Lina Khan Jonathan Kanter antitrust ftc doj merger-guidelines regulatory-reform +2 more
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Chamber of Commerce Sues FTC Over 'Black-Box Environment' Lack of Transparency

| Importance: 8/10

The U.S. Chamber of Commerce filed a lawsuit against the Federal Trade Commission in December 2023, alleging a lack of transparency and accountability under Chairwoman Lina Khan’s leadership. The business group alleged that the FTC had regularly avoided responding to lawful requests for public …

U.S. Chamber of Commerce Federal Trade Commission Lina Khan Suzanne Clark antitrust ftc chamber-of-commerce corporate-lobbying regulatory-resistance +1 more
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FTC Sues Amazon for Illegal Monopoly Maintenance Through Anti-Discounting and Seller Coercion

| Importance: 9/10

The Federal Trade Commission, joined by 17 state attorneys general, filed a landmark antitrust lawsuit against Amazon alleging the company illegally maintains monopoly power in online retail through systematic anti-competitive practices. The complaint documents Amazon’s …

Federal Trade Commission Amazon Andy Jassy 17 State Attorneys General antitrust amazon ftc monopoly regulatory-capture +3 more
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FTC Issues Policy Statement on Orange Book Patent Gaming: Pharmaceutical Evergreening as Unfair Competition Under Section 5

| Importance: 9/10

The Federal Trade Commission issues a policy statement declaring that improper patent listings in the FDA’s ‘Orange Book’ (Approved Drug Products with Therapeutic Equivalence Evaluations) constitute potential unfair methods of competition under Section 5 of the FTC Act or unlawful …

FTC Andrew N. Ferguson FDA Amphastar Mylan +2 more intellectual-property pharmaceutical-patents patent-evergreening orange-book ftc +3 more
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FTC Loses Microsoft-Activision Challenge, $69 Billion Merger Approved Despite Opposition

| Importance: 9/10

Judge Jacqueline Scott Corley of the U.S. District Court for the Northern District of California denied the Federal Trade Commission’s motion for a preliminary injunction to block Microsoft’s $68.7 billion acquisition of Activision Blizzard on July 10, 2023. The FTC had voted to file a …

Federal Trade Commission Microsoft Corporation Activision Blizzard Judge Jacqueline Scott Corley antitrust ftc microsoft activision-blizzard big-tech +2 more
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FTC Loses Challenge to Block Meta's VR Acquisition, Major Setback for Khan

| Importance: 8/10

U.S. District Court Judge Edward Davila (N.D. Cal.) denied the Federal Trade Commission’s request for a preliminary injunction to halt Meta’s acquisition of Within Unlimited, a VR fitness app developer, on January 31, 2023. The FTC had sued to block the merger in July 2022, arguing Meta …

Federal Trade Commission Meta Platforms Judge Edward Davila Lina Khan antitrust ftc meta big-tech merger-enforcement +2 more
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DOJ Sues Google Over Ad Tech Monopoly, Seeks Historic Breakup

| Importance: 10/10

On January 24, 2023, the United States Department of Justice filed a civil antitrust lawsuit against Google seeking to break up the company’s advertising technology business—marking the first government attempt to structurally dismantle a major corporation since AT&T in 1982. The case …

Department of Justice Google Sundar Pichai Jonathan Kanter 8 State Attorneys General google doj antitrust ad-tech divestiture +3 more
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FTC Blocks JAB Consumer Partners Veterinary Clinic Roll-Up: Private Equity Monopolization Strategy

| Importance: 9/10

The Federal Trade Commission ordered private equity firm JAB Consumer Partners to divest veterinary clinics in four metropolitan areas as a condition of its $1.65 billion acquisition of Ethos Veterinary Health, citing concerns about JAB’s roll-up strategy creating local monopolies in specialty …

Federal Trade Commission JAB Consumer Partners JAB Holding Company National Veterinary Associates Ethos Veterinary Health +1 more antitrust consolidation private-equity veterinary healthcare +4 more
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FTC Launches Bipartisan Investigation into PBM Market Concentration and Drug Pricing

| Importance: 8/10

The Federal Trade Commission unanimously voted to authorize a comprehensive investigation into pharmacy benefit manager business practices under Section 6(b) of the FTC Act, with all five commissioners voting in favor. The FTC issued compulsory orders to the six largest PBMs—CVS Caremark, Express …

Federal Trade Commission Lina Khan Chuck Grassley Maria Cantwell CVS Caremark +2 more healthcare pbm pharmacy antitrust regulatory-capture +2 more
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Jonathan Kanter Confirmed as DOJ Antitrust Chief After Longest Delay in Modern History

| Importance: 9/10

The U.S. Senate confirmed Jonathan Kanter as Assistant Attorney General for the Antitrust Division of the Department of Justice by a bipartisan vote of 68-29 on November 16, 2021, and he was sworn in the same day. Kanter’s confirmation came after the longest delay for a nominee to lead the …

Jonathan Kanter Department of Justice U.S. Senate Antitrust Division antitrust doj biden-administration regulatory-reform big-tech +1 more
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Biden Signs Executive Order 14036: 72 Competition Initiatives, Most Comprehensive Since FDR

| Importance: 10/10

President Biden signed Executive Order 14036, ‘Promoting Competition in the American Economy,’ on July 9, 2021, launching what the administration characterized as the most comprehensive federal effort to promote competition since the New Deal. The executive order directed over a dozen …

Joe Biden Federal Trade Commission Department of Justice White House Competition Council antitrust biden-administration competition regulatory-reform executive-order +1 more
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Lina Khan Confirmed as FTC Chair at Age 32, Youngest Ever

| Importance: 9/10

The U.S. Senate confirmed Lina Khan to the Federal Trade Commission by a bipartisan vote of 69-28 on June 15, 2021, and President Biden immediately named her chair of the five-member Commission. At 32, Khan became the youngest commissioner ever confirmed to the agency, let alone to lead it. Khan …

Lina Khan Joe Biden U.S. Senate Federal Trade Commission antitrust ftc biden-administration regulatory-reform lina-khan +1 more
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Texas Leads 10-State Lawsuit: Google-Facebook "Jedi Blue" Collusion

| Importance: 10/10

On December 16, 2020, Texas Attorney General Ken Paxton filed an antitrust lawsuit against Google joined by nine other states, exposing secret agreements between Google and Facebook—including the “Jedi Blue” deal—to eliminate competition in digital advertising and maintain Google’s …

Texas Attorney General Ken Paxton Google Facebook Mark Zuckerberg Sundar Pichai +1 more google facebook antitrust jedi-blue collusion +4 more
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FTC Sues Facebook for Illegal Monopolization Through Instagram and WhatsApp Acquisitions, Seeks Breakup

| Importance: 10/10

The Federal Trade Commission, joined by 46 states, the District of Columbia, and Guam, files major antitrust lawsuit against Facebook alleging illegal monopolization through systematic acquisition of competitors Instagram and WhatsApp. The FTC seeks structural breakup of Facebook through forced …

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DOJ Sues Google for Search Monopoly Through Exclusionary Contracts

| Importance: 10/10

On October 20, 2020, the United States Department of Justice, joined by eleven state Attorneys General, filed a landmark antitrust lawsuit against Google LLC for illegally monopolizing search and search advertising markets. The case represented the federal government’s most significant …

Department of Justice Google Sundar Pichai Apple Tim Cook +3 more google doj antitrust search-monopoly apple-deal +3 more
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AbbVie Completes $63 Billion Allergan Acquisition: Pharmaceutical Industry Consolidates Into Oligopoly

| Importance: 9/10

AbbVie completed its $63 billion acquisition of Allergan after FTC approval requiring divestiture of digestive drug brazikumab to resolve antitrust concerns. The merger created a pharmaceutical giant with combined 2019 revenues of $48 billion and a diversified portfolio spanning immunology, …

AbbVie Allergan Federal Trade Commission antitrust consolidation merger pharmaceutical-industry regulatory-capture +3 more
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Raytheon-United Technologies Merge Creates $135 Billion Defense Giant, Consolidating Industry Power

| Importance: 8/10

On April 3, 2020, Raytheon Company and United Technologies Corporation (UTC) completed a $135 billion merger creating Raytheon Technologies, the world’s second-largest aerospace and defense company behind only Boeing. The merger combined Raytheon’s weapons systems—including the Patriot …

Raytheon United Technologies Corporation Greg Hayes Department of Justice BAE Systems raytheon defense-contractors antitrust monopolization mergers +1 more
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Sutter Health Settles Antitrust Case for $575 Million, Admits to All-or-Nothing Contracting and Price Concealment

| Importance: 9/10

One day before trial, California hospital system Sutter Health agreed to pay $575 million and change anticompetitive practices after a lawsuit filed by California Attorney General Xavier Becerra and consolidated with a 2014 case brought by the United Food and Commercial Workers International Union. …

Sutter Health Xavier Becerra California Attorney General healthcare hospital antitrust price-transparency market-concentration +1 more
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FTC v. Qualcomm: Judge Lucy Koh Finds Antitrust Violations in Standard Essential Patent Licensing, Later Reversed on Appeal

| Importance: 8/10

Federal Judge Lucy Koh issues a 233-page decision finding Qualcomm violated antitrust laws (Sherman Act Sections 1 and 2) through its ’no license, no chips’ policy for standard essential patents (SEPs) covering cellular modem technology, which Qualcomm had committed to license on Fair, …

FTC Lucy Koh Qualcomm Ninth Circuit Court of Appeals Department of Justice +1 more intellectual-property patent-abuse standard-essential-patents frand antitrust +3 more
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Cigna-Express Scripts $52 Billion Merger Approved: DOJ Greenlights PBM Oligopoly

| Importance: 9/10

The Department of Justice approved Cigna’s $52 billion acquisition of Express Scripts, one of the three largest pharmacy benefit managers, completing the deal announced in March 2018. Assistant Attorney General Makan Delrahim stated that after a six-month investigation reviewing over two …

Cigna Express Scripts Department of Justice Makan Delrahim David Cordani healthcare pbm pharmacy antitrust regulatory-capture +2 more
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EU Fines Google Record €4.34B for Android Monopoly Abuse Through Bundling

| Importance: 10/10

On July 18, 2018, the European Commission imposed a record €4.34 billion ($5 billion) fine on Google for breaching EU antitrust rules through three separate illegal practices involving its Android mobile operating system. The penalty was the largest antitrust fine ever imposed globally, exceeding …

Google European Commission Margrethe Vestager Sundar Pichai Android phone manufacturers +2 more google android antitrust eu mobile-monopoly +3 more
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Bayer Completes $63 Billion Monsanto Acquisition: Agricultural Seeds and Chemicals Consolidate Into Big Four Oligopoly

| Importance: 10/10

Bayer AG completed its $63 billion acquisition of Monsanto after receiving antitrust approval from U.S. and European regulators, consolidating the agricultural seeds and chemicals industry from the “Big Six” into a “Big Four” oligopoly controlling over 60% of global seed …

Bayer AG Monsanto Department of Justice Antitrust Division European Commission +1 more antitrust consolidation merger agriculture oligopoly +4 more
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Northrop Grumman Acquires Orbital ATK for $9.2 Billion, Creating Solid Rocket Motor Monopoly

| Importance: 9/10

Northrop Grumman completed its $9.2 billion acquisition of Orbital ATK on June 6, 2018, gaining control of the premier supplier of solid rocket motors essential for missile systems and creating anticompetitive market dominance that the Federal Trade Commission warned would “reduce competition …

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Axon Acquires Main Competitor VieVu, Consolidating 80% Control of Police Body Camera Market

| Importance: 9/10

On May 4, 2018, Axon Enterprise acquired VieVu LLC, its primary competitor in the police body camera industry, for $7.1 million ($4.6 million cash and $2.5 million in stock) plus performance-based milestone payments of 141,000 additional shares. The acquisition eliminated meaningful competition in …

Axon VieVu Safariland Group NYPD Miami-Dade Police +1 more axon vievu body-cameras monopoly surveillance +2 more
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CVS-Aetna $69 Billion Merger Announced: Vertical Integration Wave Consolidates PBM Power

| Importance: 9/10

CVS Health announced its $69 billion acquisition of health insurer Aetna (with debt, $77 billion total), marking the largest healthcare merger in U.S. history and accelerating vertical integration in pharmacy benefit management. Under the deal, Aetna shareholders would receive $145 in cash plus …

CVS Health Aetna Larry Merlo Mark Bertolini Department of Justice healthcare pbm pharmacy antitrust regulatory-capture +2 more
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FTC Approves Amazon-Whole Foods Merger Despite Monopolization Concerns

| Importance: 8/10

The Federal Trade Commission approved Amazon’s $13.7 billion acquisition of Whole Foods Market on August 23, 2017, without an in-depth investigation. This decision demonstrated regulatory challenges in addressing 21st-century tech monopolies, as the FTC did not find substantial anticompetitive …

Amazon.com Inc. Jeff Bezos Whole Foods Market Inc. Federal Trade Commission Lina Khan +1 more regulatory-capture tech-industry antitrust amazon ftc +1 more
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EU Fines Google Record €2.42B for Search Manipulation Favoring Google Shopping

| Importance: 10/10

On June 27, 2017, the European Commission imposed a record-breaking €2.42 billion ($2.7 billion) fine on Google for abusing its dominance in general internet search by systematically favoring its own comparison shopping service over those of competitors. The decision concluded a 7-year investigation …

Google European Commission Margrethe Vestager Sundar Pichai Comparison shopping competitors google antitrust eu google-shopping search-manipulation +3 more
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Eli Lilly, Novo Nordisk, and Sanofi Sued for Insulin Price-Fixing Conspiracy as Prices Rise 300%+

| Importance: 9/10

In January 2017, diabetes patients filed a federal antitrust class action lawsuit alleging that the three pharmaceutical manufacturers controlling 99% of the U.S. insulin market—Eli Lilly, Novo Nordisk, and Sanofi—conspired to raise insulin prices in near-lockstep coordination, increasing prices by …

Eli Lilly Novo Nordisk Sanofi CVS Caremark Express Scripts +1 more healthcare pharmaceutical-price-gouging antitrust corporate-crime regulatory-capture
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Anheuser-Busch InBev Completes $107 Billion SABMiller Acquisition: Beer Industry Consolidates Into Duopoly

| Importance: 9/10

Anheuser-Busch InBev completed its $107 billion acquisition of SABMiller, the largest-ever deal in the beer industry, after receiving antitrust approval requiring divestiture of SABMiller’s U.S. business (MillerCoors stake) to Molson Coors. The merger consolidated the global beer industry into …

Anheuser-Busch InBev SABMiller Molson Coors Department of Justice Antitrust Division antitrust consolidation merger beer-industry duopoly +2 more
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Facebook Acquires WhatsApp for $19 Billion to Dominate Messaging Market

| Importance: 9/10

Facebook acquires WhatsApp for $19 billion, the largest tech acquisition to date, eliminating its primary competitor in mobile messaging and consolidating monopoly control over personal communications platforms. The FTC approves the acquisition without structural separation requirements despite …

Facebook Mark Zuckerberg WhatsApp Jan Koum Brian Acton +1 more facebook whatsapp antitrust merger monopolization +4 more
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American Airlines-US Airways Merger Creates Airline Oligopoly: Big Four Control 75% of Market

| Importance: 9/10

The Department of Justice approved American Airlines’ merger with US Airways after initially suing to block the deal, completing a five-year consolidation wave that reduced major U.S. airlines from seven to four dominant carriers controlling three-quarters of the commercial air travel market. …

American Airlines US Airways Department of Justice Antitrust Division antitrust consolidation merger oligopoly regulatory-capture +2 more
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Supreme Court Allows Antitrust Challenge to Pay-for-Delay Drug Settlements Costing Consumers $3.5 Billion Annually

| Importance: 10/10

The Supreme Court ruled 5-3 in FTC v. Actavis that the Federal Trade Commission could bring antitrust challenges against “pay-for-delay” agreements where brand-name drug manufacturers pay generic competitors to delay bringing cheaper alternatives to market. The decision reversed lower …

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Google's Political Influence Derails FTC Antitrust Investigation

| Importance: 9/10

The Federal Trade Commission closed its 19-month antitrust investigation of Google without bringing charges, despite internal staff recommendations for legal action. With 230 White House meetings in 2012-2013, Google demonstrated unprecedented political access, ultimately avoiding significant …

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Facebook Acquires Instagram for Billion to Neutralize Potential Competitor

| Importance: 8/10

Facebook acquired photo-sharing app Instagram for billion, implementing what the FTC would later characterize as a ‘buy or bury’ strategy to eliminate competitive threats. Internal emails revealed CEO Mark Zuckerberg explicitly stated the acquisition was motivated by a desire to …

Facebook Inc. Mark Zuckerberg Instagram Inc. Kevin Systrom Mike Krieger +1 more regulatory-capture tech-industry antitrust facebook meta +1 more
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Delta-Northwest Merger Approved: Beginning of Airline Industry Consolidation Wave

| Importance: 9/10

The Department of Justice approved Delta Air Lines’ $2.6 billion stock-swap merger with Northwest Airlines, creating the world’s largest airline and triggering a decade-long consolidation wave that would reduce major U.S. carriers from ten to four dominant players controlling …

Delta Air Lines Northwest Airlines Department of Justice Antitrust Division antitrust consolidation merger oligopoly regulatory-capture +2 more
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