3 ms·
I believe you when you say there is a lack of competition, but it seems like the system is set up to prevent that from being consequential: as I understand it,
by karaterobot 4y ago
I believe you when you say there is a lack of competition, but it seems like the system is set up to prevent that from being consequential: as I understand it, the price should be set as a function of the prices of competitors outside the airport, per the Port Authority's own pricing rules.
So, lack of competition inside the airport would not by itself be able to explain this pricing.
Corruption or incompetence within the Port Authority would explain it, and though I will withhold judgment, it's hard to think of what else it might be. It's even easier to jump to that conclusion when they also deny and conceal when asked for an explanation.
- thfuran 4y ago>as I understand it, the price should be set as a function of the prices of competitors outside the airport, per the Port Authority's own pricing rules. That sort of regulation is never very effective. The VA requires that vendors that sell them medical devices do not sell those devices at a higher price elsewhere. They end up buying a lot of SKUs that are only sold to the VA.