Hacker News new | ask | show | jobs
by DinaCoder98 827 days ago
Seems sort of like the opposite—a lot of the regulation is done by people installed by lobbying, sort of like a privately owned and operated part of government.

Of course it's terrible for everyone but shareholders there isn't really any domestic competition.

2 comments

It's great for the entrenched leadership, but bad for the shareholders who would benefit more from a variety of investment opportunities in a diversified and growing market. I don't think all of these problems are good for the airline industry.

The shareholders in a company have no reason to want the government to kill off the competition - they could just as easily invest in that competition. Shareholders care about the size of the whole market and corruption steals from them as much as it steals from anybody.

https://news.ycombinator.com/user?id=DinaCoder99

Is this you as well? Is this even allowed?