How the Union Pacific merger could revitalize America's rail industry

The debate over the proposed Union Pacific-Norfolk Southern merger has the competition question backward. Critics in Washington are asking whether the two railroads are too big to combine, fearing a monopoly.However, if we are serious about rebuilding American industry, strengthening the middle class, and winning on the global stage, this merger deserves to be judged by what it actually delivers for workers, consumers, and the economy.Competition in the modern economy means ensuring that America...