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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
2 / 307 |
Essay's paper body
Background
At one time the airline industry resembled the utility industry to the extent that regulators
determined what firms could and could not do. In the 1970s, a time of runaway inflation, and
rising unemployment, many agreed that something had to change. In 1978 Congress passed the
Airline Deregulation Act, which facilitated the entry of new firms and freed them to charge
whatever fares they wanted and fly whatever routes they liked...
Essay fragment
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Background
At one time the airline industry resembled the utility industry to the extent that regulators
determined what firms could and could not do. In the 1970s, a time of runaway inflation, and
rising unemployment, many agreed that something had to change. In 1978 Congress passed the
Airline Deregulation Act, which facilitated the entry of new firms and freed them to charge
whatever fares they wanted and fly whatever routes they liked...
Essay fragment
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