ABSTRACT
In any country that favours market competition, airline conduct may attract little by way of government economic regulation. Yet, around the world, there are still some governments that prescribe in detail who can start an airline, and what each airline can do. A more common problem arises when airlines pursue profits in ways that are not in the public interest – and yet governments fail to intervene. Such inaction may reflect a lack of appropriate trade practices/anti-trust legislation and/or an unwillingness to apply the prevailing laws.
