How are airports (publicly subsidized in many cases) not subject to any kind of monopoly laws/comsumer protections? Fixed prices across board for water/soda/gum ect… One company in many cases has exclusive contracts.
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They’re what’s called a “Natural Monopoly” meaning that it’s really only practical to have one. Like power companies. Its not really practical to have several power companies in one area, so you give them some regulation or take pricing power away. That’s the key. Airports don’t make money from their airport stores, not directly. Those stores sell to you at high prices, but the airport just charges them rent. Any airline (generally) is allowed to fly to any airport as long as they have aerial rights in the country, meaning the airport doesnt fix prices.
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