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11min chapter
Airline Deregulation (Some Sunday Context)
This Day in Esoteric Political History
The Impact of Airline Deregulation
This chapter explores the historical context and implications of the 1978 Airline Deregulation Act, detailing the regulatory landscape that existed prior to deregulation. It examines how the Act transformed the airline industry by making air travel more affordable and accessible, while also critiquing the consequent decline in service quality and the emergence of monopolistic practices. By drawing parallels to other essential services, the chapter underscores the complex balance of competition, service, and regulation in the context of air travel.
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