Deregulate or Die

Deregulation presents the best of times and the worst of times. As it sweeps the world, it offers great expectations for some. And great disaster for others. From airlines to electricity, telephones to television, industries and companies that used to operate as monopolies or cartels are being shaken up, and in some cases shaken down. The early example of airline deregulation in the US shows that not every company will make it. 'Deregulation' is actually a misnomer, since regulators are exercising