Opinion: Airport regulation stifles competition

12/10/2008 | Wall Street Journal, The

"Airports can deliver amazing results when politicians loosen the reins, eliminate unnecessary regulation, and capable investors give solid backing to new projects, working harmoniously with airport management teams," write two officials with Airports Council International in a letter to The Wall Street Journal. Angela Gittens and Olivier Jankovec argue that liberalized regulations have created "a global airport superstore," allowing airports to evolve "from being mere infrastructure providers to full-fledged and diversified businesses." If free of political meddling, they write, airports could "focus on the needs of the traveling public and their competitive position."

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