However I have to say on balance it was a Freedom Act. Prior to it the airline industry was ran by a cabal of a few who made it almost impossible to get a federal license and keep out competition, and prices were hugely inflated. Adjusted for inflation a plane ticket for a NYC-LA round trip cost over $1000 prior to it. Seems like the sort of thing that was just simply necessary.
This is probably true, but we do need to have some new regulations today, and the big airlines that have merged in recent years should be broken up.
There should be some regulation on airfares. Everyone is always talking about how expensive it is to fly out of the Cincinnati airport, but nothing is ever done about it. There should also be laws against overbooking and stranding passengers on the tarmac for hours on end. I remember reading about how New York state had a law against stranding passengers on the tarmac, but some right-wing activist judge overturned it, because libertea.