Peter Forsyth
Abstract
The nature of an unregulated airline industry is the subject of this paper. After the U.S. deregulated airlines in 1978, it appeared that airline markets were capable of being either quite competitive, or, at least, contestable.
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The nature of an unregulated airline industry is the subject of this paper. After the U.S. deregulated airlines in 1978, it appeared that airline markets were capable of being either quite competitive, or, at least, contestable.
Key concepts: Deregulation, Competition (biology), Business, Economics, Industrial organization, International trade, International economics, Market economy