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Before deregulation, there was almost no competition. There is now some competition, and prices have fallen, which is a very good thing (putting aside the mispr
by bovine3dom 9y ago
Before deregulation, there was almost no competition. There is now some competition, and prices have fallen, which is a very good thing (putting aside the mispricing of carbon and other pollutants).
The parent claimed that airlines were very competitive absolutely. I linked to three separate articles saying that that was not the case; European skies are far more competitive (although they still have a very long way to go, especially regarding how capacity at airports is allocated).
- rayiner 9y agoAirlines are highly competitive because there are numerous competitors, the product is fungible, and prices are transparent. It’s not perfectly competitive, but nothing you pointed to suggests collusion or price fixing, as the OP suggested. > They want the Open Skies agreements between the United States and Persian Gulf governments thrown out and to deny Etihad Airways and Qatar Airways access to American cities because they're subsidized by their governments. But so are other U.S. airline partners, many of whom happened to also be government-owned. Such subsidies are unfortunate, but they're hardly a reason to rip up the very system that's pressuring governments around the world to reduce protectionist behaviors. Like that’s a problem?