{"id":38477,"date":"2013-08-15T21:57:09","date_gmt":"2013-08-16T03:57:09","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2013\/08\/15\/we-will-make-big-bucks-er-i-mean-reduce-consumer-costs.html"},"modified":"2013-08-15T21:57:09","modified_gmt":"2013-08-16T03:57:09","slug":"we-will-make-big-bucks-er-i-mean-reduce-consumer-costs","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2013\/08\/15\/we-will-make-big-bucks-er-i-mean-reduce-consumer-costs.html","title":{"rendered":"We will make big bucks! Er, I mean, reduce consumer costs!"},"content":{"rendered":"<div class=\"gpb-content\">Next up for obligatory CEO training: don&#39;t publicly tell investors how mergers allow you to jack up prices, and then tell regulators how mergers will reduce costs to consumers.<\/div>\n<p class='gpb-article' style='clear:both;'>\n<div style='height:120px;width:120px;overflow:hidden;float:left;margin-top:0px;padding-top:0px;margin-right:10px;vertical-align:top;text-align:center;clear:both;'>\n                                                    <img style='max-width:none;' src='https:\/\/lh3.googleusercontent.com\/proxy\/UBw4I6xzWMy0np5at3qgh-NCdrn4HdS7NaKe_8ly8OApudpWFRQp6-n04MHo9lTSV0-why1kCwPQ_lSFLkYtNIj_Z5SBlPQYFnvPJDwznoYx=w120-h120' border='0' \/>\n                                                <\/div>\n<p>                                                <a href='http:\/\/bigstory.ap.org\/article\/govt-uses-airline-executives-words-against-them'>Gov&#8217;t uses airline executives&#8217; words against them<\/a><br \/>\n                                                NEW YORK (AP) \u2014 In making its case against an American Airlines-US Airways merger, the government relies heavily on an unusual source of evidence:\n                                            <\/p>\n<p class='gpb-links' style='clear:both;'> <a class='gpb-linkback' href='https:\/\/plus.google.com\/101083456815352083930\/posts\/EWGismmGgkH' target='_new'>View this post on Google+<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Next up for obligatory CEO training: don&#39;t publicly tell investors how mergers allow you to jack up prices, and then tell regulators how mergers will reduce costs to consumers. Gov&#8217;t uses airline executives&#8217; words against them NEW YORK (AP) \u2014 In making its case against an American Airlines-US Airways merger, the government relies heavily on &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2013\/08\/15\/we-will-make-big-bucks-er-i-mean-reduce-consumer-costs.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;We will make big bucks! Er, I mean, reduce consumer costs!&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106],"tags":[],"class_list":["post-38477","post","type-post","status-publish","format-standard","hentry","category-plusposts"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":131008,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/07\/06\/because-big-health-care-needs-to-become-bigger-health-care.html","url_meta":{"origin":38477,"position":0},"title":"Because Big Health Care needs to become Bigger Health Care!","author":"***Dave","date":"Wed 6-Jul-16 11:49pm","format":false,"excerpt":"The merger of Anthem and Cigna sounds like a positively awful thing to do -- except, perhaps, for executives and shareholders of both companies. And they're not the only large insurance company mergers under consideration. There's a Reason Someone Is Supposed to Keep an Eye on Massive Mergers Especially when\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132657,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/01\/26\/because-of-course-we-need-more-big-telecomm-big-media-mergers.html","url_meta":{"origin":38477,"position":1},"title":"Because of course we need more Big Telecomm \/ Big Media mergers","author":"***Dave","date":"Thu 26-Jan-17 9:29am","format":false,"excerpt":"As a colleague commented the other day, \"It's like watching the AT&T breakup, in reverse.\" Only it's phone and data and TV and content creation. Ma Bell should have ever been so ambitious as today's movers and shakers. Originally shared by +Consumerist: Earlier this month, it was reported that Verizon\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38233,"url":"https:\/\/hill-kleerup.org\/blog\/2013\/07\/11\/restoring-sanity-to-the-banking-industry-inconceivable.html","url_meta":{"origin":38477,"position":2},"title":"Restoring sanity to the banking industry? Inconceivable!","author":"***Dave","date":"Thu 11-Jul-13 2:01pm","format":false,"excerpt":"On the one hand you have traditional banking services. \u00a0That includes your checking account, your savings account, your business account, \u00a0etc.On the other hand, you have your speculative banking services. \u00a0That includes investment banking.The Glass-Steagall Act of 1933 required banks to keep those separate -- indeed, to keep them as\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3872,"url":"https:\/\/hill-kleerup.org\/blog\/2003\/03\/19\/not_the_answer.html","url_meta":{"origin":38477,"position":3},"title":"Not the ANsWeR","author":"***Dave","date":"Wed 19-Mar-03 5:32pm","format":false,"excerpt":"Remarkably enough, the Senate has voted down ANWR drilling by a vote of 52-48. Despite active lobbying by Dick Cheney (according to drilling supporters, though the VP's office has denied...","rel":"","context":"In &quot;Politics &amp; Law&quot;","block_context":{"text":"Politics &amp; Law","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2393,"url":"https:\/\/hill-kleerup.org\/blog\/2002\/07\/01\/job_stuff.html","url_meta":{"origin":38477,"position":4},"title":"Job stuff","author":"***Dave","date":"Mon 1-Jul-02 7:52am","format":false,"excerpt":"\"Well,\" as Archie Bunker once said, \"ain't that a kick in the groan.\" Big internal reshuffles within the IT organization going on, striving to reduce costs, present a leaner org...","rel":"","context":"In &quot;Job Jollies&quot;","block_context":{"text":"Job Jollies","link":"https:\/\/hill-kleerup.org\/blog\/category\/job-jollies"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29094,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/08\/03\/drought-corn-ethanol-and-cows.html","url_meta":{"origin":38477,"position":5},"title":"Drought, corn, ethanol, and cows","author":"***Dave","date":"Fri 3-Aug-12 5:43pm","format":false,"excerpt":"This one's such a mess that it's hard to tell which side to root for. \u00a0Corn-based ethanol was touted as a petroleum gasoline substitute, which is a good thing. Except it actually takes more petroleum to produce than it saves, which is bad. But now corn farmers are dependent on\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/38477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=38477"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/38477\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=38477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=38477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=38477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}