04-22-2017, 02:40 PM
(04-22-2017, 12:01 PM)Markster Wrote: I don't see anything inherently wrong with regulation preventing over-competition on routes. If too many operators try to run a route, you can end up with the split business meaning that neither is able to operate at a profit.
Well, yes, but ... with the current licensing it seems that the desired level of competition on any given route is a monopoly.