Commentary: Sky High Airfares: How To Bring Them DownBy
With airfares escalating at double-digit rates, Washington is wrestling with a controversial plan that, in theory, might lower ticket prices again. A bill on Capitol Hill would give the Transportation Dept. new power to crack down on predatory pricing in markets where airlines have near-monopolies. But the measure has riled big carriers, set the House and Senate at odds, and divided consumer groups, which can't decide whether reregulation would really help air travelers.
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