I agree that higher prices for airline tickets is a likely result. But that's a good thing. Fares got so low it became a race to the bottom and service declined. Nobody likes feeling they are on a Greyhound bus in the sky.
Higher fares, less overbooking, less crowding, better working conditions for the cabin crew and that all equals a more civilized trip and happy passengers.
“They will not pay through the nose. Future airline travelers will pay through the nose.”
While it’s possible for United to have to pay some sum from Dr Dao’s law suit that will find it seeking to recover those costs in higher prices, it is doubtful, from a competition standpoint that they will be able to.
Instead, their financial statements will take the whole thing as a total loss, against earnings, in the year the amount is paid. It could lower profit a bit for that year. But cause it to generally raise their ticket prices? Not likely, as their competitors will really take advantage of that. Better a one time hit to the books and get it over with.
Meanwhile, all the airlines will re-examine their own rules and see this never happens to them. THAT also will not raise ticket prices, as this event is a very rare occurrence and therefor accounting for it is not going to incur great expense.