Derailed Competition: The $85B Rail Mega-Merger Threatening US Supply Chains
From Powering America · 19:59
Show by Powering America
Boston University assistant professor and American Economic Liberties Project senior fellow Eric Peinert joins the Powering America Podcast to break down the proposed $85 billion mega-merger between Union Pacific and Norfolk Southern. Peinert details how creating the nation's first transcontinental railroad would crush shipper leverage, depress rail labor wages, and reverse decades of Surface Transportation Board precedent designed to halt anticompetitive rail consolidation. He also examines the political pressure surrounding the independent agency and argues regulators must block the transaction outright rather than settle for unenforceable behavioral concessions.
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