Re:Airlines Are Just Banks Now
by nickpp on Friday September 22, 2023 @05:51AM
(#37610006)
> And what if 1000s more people fly the airline and it becomes so wealthy it buys up all the other airlines?
Then there is gonna be a gold rush of airline startups leading to amazing innovation, offers and low prices for consumers.
Unless your government intervenes and regulates the market into a monopoly of incumbents, of course.
> Corporations are authoritarian, tyrannical institutions
Corporations are at the mercy of their consumers and investors. They get toppled every day. Remember Nokia? Motorola? IBM? Zoom? Heck even Intel lately?
Then there is gonna be a gold rush of airline startups leading to amazing innovation, offers and low prices for consumers. Unless your government intervenes and regulates the market into a monopoly of incumbents, of course.
> Corporations are authoritarian, tyrannical institutions
Corporations are at the mercy of their consumers and investors. They get toppled every day. Remember Nokia? Motorola? IBM? Zoom? Heck even Intel lately?