In fact, there are thousands of monopoly markets, and as such, imperfect competition, and no true product substitution for many trips."Airline mergers differ from other travel mergers: Acquired brands continue operating under their own names in other travel sectors, but when airlines merge, the weaker name is retired and the company often contracts flights, routes and hubs.Brands are eliminated even in "reverse mergers," such as when America West merged with US Airways (which then merged with American).Unless, of course, Expedia buys Priceline next month (or vice versa).
800-pound gorillas What's happening with online travel is mirrored in every sector of the industry, leaving travelers with ever expanding mega-corporations. Kevin Mitchell, chairman of the Business Travel Coalition, notes: "Most consumers cannot get all their needs met by one of these airlines.My views on airline consolidation have been very public in recent years; I've testified in Congress for Consumers Union in opposing several recent mega-mergers.I've written about it here, in 20.• Car rentals Consider a major U. airport offering nine major rental brands: Alamo, Avis, Budget, Dollar, Enterprise, Hertz, National, Payless and Thrifty. In fact, those nine brands are owned by just three corporations:* Avis Budget Group operates Avis, Budget and Payless (and Zipcar)* Enterprise Holdings operates Alamo, Enterprise and National* Hertz Global Holdings operates Dollar, Hertz and Thrifty• Cruise lines Consolidation has been rampant in the cruise industry for decades, as have concerns about such consolidation.RAND reports present research findings and objective analysis that address the challenges facing the public and private sectors.All RAND reports undergo rigorous peer review to ensure high standards for research quality and objectivity.
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But since you haven't clicked the "about" pages on these sites, you're unaware all the brands within these four sectors are sister companies.