Chris Sagers, C|M|LAW’s James A. Thomas Professor of Law, was called to testify before the U.S. House of Representatives, in a hearing before the Judiciary subcommittee for Regulatory Reform, Commercial and Antitrust Law. The hearing concerned the proposed merger of American Airlines and U.S. Airways. Sagers, who studies antitrust and regulated industries, explained his view that the merger will likely cause fares to increase on various concentrated routes throughout the country, will probably result in one or more hub closures and job losses, and will not rejuvenate the merging airlines’ economic performance in they way they promise.
Professor Sagers’ testimony was carried on C-SPAN, and you can see the video below. Professor Sagers’ testimony begins at 43:40. See: