Mint Quick Edit | Seat pricing rules: Is this intervention in India’s aviation market justified?
Aviation is a licensed sector, by necessity, which means restricted competition. However, this market’s domination by just two players may have rendered its self-corrective mechanism ineffective. When rivalry is robust, consumer choices shape business results, which motivates firms to serve people well. If that fails, state intervention is fine. But as a stopgap. The real solution is to foster competition in our skies.
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