JMHO, but would a merger that leaves fewer railroads REALLY be a monopoly, or duopoly? I.e. would a CP/NS combo, matched up with UP or BNSF merging with CSX, really be bad? We no longer have the ICC setting tariffs... the trucking industry continues to compete. With STB protections for shippers on lines that might otherwise end up abandoned, is it really that bad if it strengthens an industry that is seeing far fewer coal shipments? Throw in some protections for Amtrak, this might be a good thing.
Next stop, Willoughby
~el Jefe ("Jeff Smith Rules") :: RAILROAD.NET Site Administrator/Co-Owner