But what about the argument that without regulation, taxpayers are at risk?
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Carriers have improved service on their own and are responding to passenger issues without legislation or regulation that could raise ticket prices, the group says.
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No surprise, then, that even without regulation, competition is robust.
But a culture in which oil companies were able to get what they wanted without sufficient oversight and regulation -- that was a real problem.
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The industry described it as "a workable, practical way to swiftly deliver the Leveson recommendations... without any form of state-sponsored regulation that would endanger freedom of speech".
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Without federal regulation, it is a sure thing that the insurance companies would follow a similar pattern should restrictions on cross-state sales disappear.
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They put in place a fairly bulletproof regulation that will allow banks to continue to make markets without taking unnecessary proprietary risk.
This is something that companies can initiate today, without waiting for federal, state or industry regulation.
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Iqbal Cheema said they were arrested "to ensure the maintenance of public order, " under a regulation that allows authorities to detain suspects for up to three months without charge.
Throughout the 20th century, battles over government regulation and property make little sense without some idea of the huge demographic changes that were transforming America.
The IMF's view, broadly speaking, is that without excessive risk-taking by financial institutions, which was aided by the absence of regulation, imbalances would not by themselves have caused the meltdown.
Mr Persson said that other issues such as the availability of energy and regulation were important but meant little without skilled workers.
The percentage of struggling and over-leveraged clubs has gotten so great that UEFA has passed a sweeping regulation that it plans to enforce beginning in 2013, which essentially requires clubs to operate without losing money.
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Each day banks that submit their rates to the BBA do so on nothing short of the honor code, and without regulation.
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It is hard to think of another job category that has grown so quickly and become such a force in society without having any tests, degrees, or regulation of virtually any kind.
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