Juan Pablo Spinetto, Columnist

Mexico’s Cheeky Airline Merger Is an Anti-Trust Nightmare

Bigger is not necessarily better.

Photographer: Mauricio Palos/Bloomberg/Getty Images

Imagine your company controls 70% of a market. Any market. Tasty, right? For most tycoons, that would be the ultimate fantasy.

In modern economies, though, such dominance is an oddity. It would set off alarms at any serious antitrust authority and provoke instant backlash from rivals and consumer groups alike.