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- W298680181 abstract "One can only observe with fascination that the transportation industry has come full circle, from its genesis in an unrestrained laissez faire economic environment, through almost a century of comprehensive governmental regulation of entry, rates and other corporate activity, and now back to the unconstrained free market. The excesses of the marketplace preceded regulation, and those excesses have reappeared under deregulationThis article will examine where the great American transportation experiment has been, where it is, and where it appears to be going. It will begin with an analysis of the events which led our nation to establish a regime of economic regulation upon the transportation industry. It will then examine the metamorphosis toward deregulation, and evaluate the results of reducing governmental controls of entry and pricing in the aviation and motor carrier industries. These impacts fall generally into five categories: (1) economic decline of the Industry; (2) diminution of safety; (3) discrimination in pricing; (4) deterioration of service; and (5) erosion of carrier liability for loss and damage. Because the rail experiment in deregulation differs in significant respects from motor and air carrier deregulation, it will be explored separately. Finally, this article will summarize and evaluate the political forces which now seek to swing the pendulum away from the grand experiment in deregulation and toward some moderate form of responsible economic regulation." @default.
- W298680181 created "2016-06-24" @default.
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- W298680181 date "1984-01-01" @default.
- W298680181 modified "2023-09-23" @default.
- W298680181 title "Transportation Deregulation: On a Collision Course" @default.
- W298680181 hasPublicationYear "1984" @default.
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