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re: U.S. Airlines collected $6B in baggage and reservation change fees last year

Posted on 5/15/13 at 12:53 pm to
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 5/15/13 at 12:53 pm to
quote:

. I just hope McCain's cable unbundle bill gets passed and signed into law.
Ah yes. More government regulations telling private companies how to run their business. That's what we need.
Posted by BACONisMEATcandy
Member since Dec 2007
46645 posts
Posted on 5/15/13 at 12:58 pm to
quote:

Ah yes. More government regulations telling private companies how to run their business. That's what we need.


I agree with this most of the time. But it's next to impossible to startup new types of certain business. A few off the top of my head:

-Cable TV provider
-Cell Phone Network Provider
-Credit card company

None of those business operate under a "free market" IMHO
Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 5/15/13 at 7:21 pm to
quote:

Ah yes. More government regulations telling private companies how to run their business. That's what we need.


Except that the "private companies" in this case are really public utilities that were granted the right by "the government" to acquire, own, and operate public assets at the highest level of service and transparency, in exchange for a reasonable return on their investment. I'm not saying that public/private partnerships are a bad thing, but certain trends in the industry like bundling and offering rebates and discounts to new customers reduces transparency and is anticompetitve. I wish Mccain's bill went a step further and proposed to break up the industry between the transportation infrastructure and product itself, because that is the crux of the matter. AT&T should have no fricking say in what some network wants to pipe through to my TV.
This post was edited on 5/15/13 at 7:31 pm
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