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Airlines may be a bad example, because they were operating for decades under price control, and most of the airlines never recovered from that mindset. The Amtr
by cpr 11y ago
Airlines may be a bad example, because they were operating for decades under price control, and most of the airlines never recovered from that mindset. The Amtrak syndrome...
- gmarx 11y agoNot just price control, regulation protected them from competitors in multiple ways until the late 1970s. I still think its' a good example. The point is you go through a golden age when everything is easy, competition is minimal to gentlemanly, for whatever combination of reasons