A New Era Of Trustbusting May Be Just Warming Up

As the Administration enters its dog days, regulators seem to be in a swoon. From the Food & Drug Administration to the Federal Communications Commission, government cops are taking a decidedly hands-off approach. With two exceptions. The trustbusters at the Federal Trade Commission and the Justice Dept. are working overtime. The latest target: On May 13, Justice charged American Airlines Inc. with killing off upstarts that threatened its Dallas-hub dominance.

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