To Regulate or Not to Regulate? That is the Question

This assignment requires you to choose a market failure within the air transportation industry that has been caused or exacerbated by regulation (action or inaction). Prepare an executive summary that describes the regulation, its impact, your remedy, and resulting expected impacts on the market.

Market Failure in the Air Transportation Industry
Pretend you are a government consultant to the President charged with ensuring the aviation industry is/remains a globally competitive industry. Describe the regulation, the impact, your remedy, and resulting impacts on the market. Be sure to address intended or unintended consequences, stakeholders, consumers, suppliers, costs, and externalities.
The information you will need is not all here or in the readings. There are times in the workplace where you will be performing or asked to perform tasks that require some learning/teaching/research yourself. This assignment will require you to do that.

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