Seanad debates
Wednesday, 2 July 2003
Forfás Consumer Pricing Report 2003: Statements.
I mention this solely because while there are ways to reduce prices, a decision will be required in each individual case. Some decisions have already been taken, for example, on the deregulation of the airline industry discussed by Senator Leyden. At that time, certain vested interests argued that the Government's proposals would lead to job losses. Deregulation in that sector resulted in many more people travelling, while the forces of competition caused air fares to decline. It has, therefore, had clear benefits, perhaps even to those working in the airlines concerned.
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