2 ms·
I am not arguing for zero regulation. I’m saying you have to consider the price of regulation. Airbus is able to compete in the airliner market because it’s a
by konschubert 3y ago
I am not arguing for zero regulation.
I’m saying you have to consider the price of regulation.
Airbus is able to compete in the airliner market because it’s a huge incumbent.
Maybe this is the price we have to pay for safe planes. But there is almost zero competition in the airline manufacturing sector because the regulation is keeping out any potential competition.