Point taken. But banks are also still regulated despite their (no longer so new) freedom to gobble each other up willy nilly. So then we had the financial meltdown of 2008/9. My point is that a shrinking number of players in these industries are now freer to put their *business* interests ahead of their customers' interests. No planes fell out of Delta's sky. It was the reservation system that crashed; I doubt that the FAA has much to say in that arena.
. . . J.O.Skip Robinson Southern California Edison Company Electric Dragon Team Paddler SHARE MVS Program Co-Manager 323-715-0595 Mobile 626-302-7535 Office [email protected] -----Original Message----- From: IBM Mainframe Discussion List [mailto:[email protected]] On Behalf Of Ed Jaffe Sent: Wednesday, August 10, 2016 12:20 PM To: [email protected] Subject: (External):Re: Delta Outage On 8/10/2016 11:34 AM, Jesse 1 Robinson wrote: > Airlines are no longer 'heavily regulated'. They used to be. Telecom was > deregulated. Banks were deregulated. There was more competition in all these > industries when regulation was in place. The 'natural tendency' of any > industry is to consolidate to maximize profits and to dodge regulatory > intervention. That's why Delta is so big and independent. And so > unaccountable. Airlines are still *very* heavily regulated by the FAA. The Airline "deregulation" of 1978 was primarily the removal of government-imposed entry and price restrictions. -- Edward E Jaffe Phoenix Software International, Inc 831 Parkview Drive North El Segundo, CA 90245 http://www.phoenixsoftware.com/ ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
