European Union -- Making the Term Paper

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Increased regulations could take even this advantage away from the industry.

Eventually, even the EU airline industry, despite its relative health in comparison to the United States, may chafe at the additional economic burdens it is being forced to suffer at the hands of the regulatory commission. Recently, French President Jacque Chirac proposed to tax air travel for all member states as a way to finance development aid. Although this fortunately would not affect the United States, this mania for increased, homogenizing regulation that favor more powerful EU member states and harm poorer nations and the disregard for more international representative bodies that govern industries with worldwide clientele like the airline industry could be a troubling trend.

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As the EU consolidates its power, and as there is no real international court of appeal to deflect the regulations that affect only the EU, technically, although not in actual practice, the EU's influence could expand beyond even the dreams of its founders.

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