Synopses & Reviews
Synopsis
Excerpt from The Proposed Final Judgement in United States V. Airline Tariff Publishing Hearing Before the Subcommittee on Aviation of the Committee on Public Works and Transportation, House of Representatives, One Hundred Third Congress, First Session, April 20, 1993
The process of negotiation through fare proposals may go through several iterations during which the fare level originally proposed may be modified and different types Of fares or sets of markets may be added or subtracted from the proposal, as the airlines bargain and make trades with each complex negotiation ends when all airlines have indicated their commitment to the fare increases by filing the same fares in the same markets with the same first ticket date The increases take effect on that date and then, and only then, are the lower fares withdrawn and the new and higher fares sold in their place.
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