Difference between revisions of "Airline antitrust restrictions"

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=====Goals=====
 
=====Goals=====
Has goal of::Goal:To protect market competition
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* [[Has goal of::Goal: To protect market competition
Has goal of::Goal:* [[To benefit customers by protecting market competition]]
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* [[Has goal of::Goal: To benefit customers by protecting market competition]]
 
* [[To drive down prices through competition]]
 
* [[To drive down prices through competition]]
 
* [[To promote efficiency through competition]]
 
* [[To promote efficiency through competition]]

Revision as of 12:50, 11 November 2015

Airline antitrust regulations exist because to protect consumers from higher prices by ensuring the continuation of market competition. The Federal Government enforces antitrust laws including The Sherman Antitrust Act, The Clayton Act, and The Federal Trade Commission Act. Airlines have a history of trouble running into antitrust laws because the industry’s high concentration (small number of firms) makes it is easier to collude prices. Since it is such a big industry, (it has a large number of customers) there is support behind the regulation.

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CONCEPT


Goals
  • Goal: To protect market competition
  • [[Has goal of::Goal: To benefit customers by protecting market competition
    The wikipage input value "Goal: To protect market competition
  • [[Has goal of::Goal: To benefit customers by protecting market competition" contains invalid characters or is incomplete and therefore can cause unexpected results during a query or annotation process.
  • To drive down prices through competition
  • To promote efficiency through competition
  • To incentivized innovation in firms through competition
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