ng e seats, unequaes, ys, ishis undrst of comaints stified? has regulation been a success?t is that the airline industry is an oligopoly dominated by just a few g carriers. t it was an oligopoly with difference. for its fit 50 years, a fedel agency, the civil aeronautics board, , set the res and the routes. with one minor exception, the cil aeronautics board had not permitted one single new competitor to come in, to compete with the domestic lines, and price competition was stctly prohibited. soutest airlines had to go through an agony of lawsuits anadministrative proceedings souin order to get started thrthree and a half yearsits because the incumbents didn't want us to be able to compete. duri that time, i got a little deessed aboue system because the incumbents didn't thinking the system might fail. i mean, all we wanted to do was offer more flights at lower fares with a tter quality of service, and it didn't seem to me that that was too inimical to the wellbeing of, of america. consumeris and antitrustpeople e that this was a cartel to protect the industry from competit