I think this article makes a valid point. From the perspective of the majority of the public, frequent flier programs do more harm than good. Essentially, most people pay a little more so that a few people can get extra benefits. Of course, most of us are in the latter group

Norway banned frequent flier programs several years ago, and by some accounts fares have gone down.

It would be interesting to see what comes of this. I don't see any bans or major regulations in free-market-crazy America, but perhaps there will be disclosure requirements similar to a Schumer Box.