In the Past, the Department of Transportation Allowed Airline Mergers

question 21

Multiple Choice

In the past, the Department of Transportation allowed airline mergers that gave the merged airlines market shares of 79 and 82 percent, respectively, in their hub cities.The concept the DOT used to allow mergers where there was obvious concentration was most likely

• A)the good trust principle.
• B)contestability.
• C)the efficient market principle.
• D)the monopolistic competition principle.

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Definitions:

Water Seal

A system used primarily in chest drainage that prevents air from re-entering the pleural space while allowing gases and fluid to escape, typically part of a chest tube setup.

Blood-Tinged

Describes a fluid or secretion that is slightly colored with blood, indicating minor bleeding.

Drainage

The removal of fluids from a body cavity, wound, or other source of accumulation, often through natural or artificial means.

Water-Seal Chamber

A compartment within a thoracic drainage system that prevents air from re-entering the pleural space and allows the removal of air and fluid from the chest.