It seems to me that Governments and business only understand the extremes of business.
You can have one end of the scale with an example being the two airline policy that existed here in Australia and at the other end total de-regulation.I suppose the problem is that in a de-regulated industry if someone sees money being made then they want to jump on the band wagon.
If a manufacturing business decides to cut costs to stay in business it is rarely a saftey issue.
Aviation is a little different to other areas of business in that if an airline is feeling the pinch ( or the upper levels of management want to receive a larger bonus
) then cost cutting can have dire results.
The trick is how do you semi regulate the industry to prevent every man and his dog wanting to start an airline.