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Deregulation might work if all market participants behaved like angels. But few people do, and so over time deregulation tends to result in cutthroat behavior,
by dctoedt 9y ago
Deregulation might work if all market participants behaved like angels. But few people do, and so over time deregulation tends to result in cutthroat behavior, consolidation, and price increases.
- cft 9y agoAirline tickets are cheapest ever, and that's despite the fact that relative to biotech which is the fastest evolving field currently, airplane technology has been practically stagnant since the deregulation
- deleted 9y ago[deleted]
- kaibee 9y agoIt is much easier to compare airline tickets than hospitals/medical procedures. The worst case scenario for choosing wrong in the first case is a flight you're uncomfortable on and overpaid for.
- dctoedt 9y agoAirlines are still heavily regulated on safety-related issues. (That might be the sweet spot.)