But I'm honest enough to say I've been wrong for the last two years. Sam Kahan is president of ASK Financial. Twenty years after airline deregulation, the average ticket price has dropped by a third. But at smaller airports around the country and at some of America's busiest hubs, there's concern that a few dominant airlines are using predatory pricing to force the little guys out of business. As John Dimsdale reports, the Transportation Department today issued a new set of guidelines designed to tell the big guys when they've crossed the line.
Violators face government fines.
Transportation Secretary Rodney Slater says the Department is not trying to re-regulate the airline industry. Chris Chiames, with American Airlines, says when the government sets the competitive ground rules, that's regulation. In Washington, I'm John Dimsdale for Marketplace. Coming up later, we'll take a look at how consumers could be affected by this new policy. And that's the top of our news for Monday, April 6th.