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To: cowtowney
I missed this. Virgin got approval. Good. “U.S. regulations limit holdings by a foreign shareholder in a U.S. carrier to no more than 25% of its voting shares” Stupid antiquated law, designed to reduce competition.

So why should that limit be eliminated before LHR gets opened up to any airline that wants in?

38 posted on 06/13/2007 7:39:30 AM PDT by Paleo Conservative
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To: Paleo Conservative

“So why should that limit be eliminated before LHR gets opened up to any airline that wants in?”

I agree that everything should be equal. The problem is that if you wait for that, you will be very disappointed. The world is not perfect.

This is the same principal as trading with China, which is not fair. The downside of not trading is very bad.


39 posted on 06/13/2007 8:00:54 AM PDT by cowtowney
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