A former Minister of Education, Obiageli Ezekwesili, has described as troubling the alleged attempt to distort the healthy competition by dominant players on the Lagos-London route occasioned by the entry of Air Peace.
Ezekwesili said the market regulator in the aviation sector must immediately nip in the bud the predatory moves of those dominant airlines on Lagos-London route once it gets all the facts. The former Minister buttressed that hostile pricing models in any competitive market is predatory and are usually ruled against and sanctioned by the market regulator.
She said: 'As one who loves the market competition economic model, I followed the @flyairpeace Lagos-London route entry with profound interest and excitement at how happy it made Nigerians. 'Nothing beats consumer satisfaction in any product or service market. Nigerians may not all grasp how market principles and not government control have always served us best but they do enjoy it whenever it happens well- eg. in Telecommunications.
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