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Get this from a library contrived competition regulation and deregulation in america richard h k vietor this is the story of a revolution in american industry the massive deregulation of markets by the government starting in the late 1970s after an era of new deal controls that lasted forty years this book explains how four major firms american airlines el paso natural gas atandt and bank america and their respective managements were challenged by the deregulation of markets starting in the late 1970s the four stories illustrate the dynamic process of market restructuring and organizational adjustment as well as the ways in which managers and regulators painfully learned to contrived competition seems almost certain to become a point of departure for a lively subsidiary literature testing and extending its insights vietor has brought together in an elegant framework a way of thinking about economic regulation researchers will acknowledge their debt to him by probing his model with questions and with their contrived competition regulation and deregulation in america by richard h k vietor cambridge ma the belknap press of harvard university press 1994 pp 439 airline deregulation is the process of removing government imposed entry and price restrictions on airlines affecting in particular the carriers permitted to serve specific routes in the united states the term usually applies to the airline deregulation act of 1978 a new form of regulation has been developed to some extent to deal with problems such as the allocation of the limited number

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