"Ben Dover" wrote in message
...

"Everett M. Greene" wrote in message
...
"Steven P. McNicoll" writes:
"Matthew S. Whiting" wrote

I agree that you need "perfect" competition to yield perfectly low
prices, but perfect competition rarely exists in the real world as
it
requires consumers to have perfect knowledge of all alternate
products
and their prices.

Can you imagine this scenario.

Plane flying from London to New York. Pilot is wondering which New York
Center he is going to talk to today. There are two ATC operators with
their
own bits of airspace and routes into JFK.

Captain calls up the airline's operation center to find out how the
bidding
is going along.

Close, but the track enroute is where money is saved/made. Automation
enhances the ability to make those dollars.