Your general point of: information requirements are a relatively superior way to do consumer protection regulations: is certainly true enough. Maybe this is ju

Your general point of: information requirements are a relatively superior way to do consumer protection regulations: is certainly true enough. Maybe this is just the result of lobbying, but people frequently fail to compare the ex ante case with the proposed legislation; they just buy the [putatively] pro-consumer excitement of the proposed legislation hook, line, and sinker. It looks as though this was a proposal that has now been scrapped. So we've been living, till now, in a world not governed by this proposal. In that world, have you ever been shocked at a bag fee? I haven't. I either expect no fee (at United, where I have status), or expect one (everywhere else). And what about the bag fees that airline passengers paid from 1903 to 2010, when they were totally legal with no disclosure obligations, and assessed even against people bringing no bags at all on the plane? Were those high ticket prices fair to the innocent people traveling light? Estimating 2010 as the year when most airlines starting charging.