Domestic Laws and Policies on Private Launch Services and their Effects on Competition in the Global Market
- Paper number
IAC-06-E3.2.07
- Author
Mr. Ricky J. Lee, Ricky J. Lee & Associates, Australia
- Year
2006
- Abstract
In recent years, much attention was given to the need for domestic legislation to regulate a private launch services sector and, once the major space powers have enacted such legislation, the focus was shifted to analyse the impact of such legislation on a global private launch services sector. While the common wisdom in most other industries would be that firms in a global free market would elect to operate from the country with the least level of regulatory burden and cost, this is most clearly not true in the case of the private launch services sector. Accordingly, it is necessary to go beyond a consideration of the impact of the specific launch services legislation and to consider also other domestic laws and policies that affect the level of competition in the global launch services market. Such laws and policies include governmental subsidies, other indirect and/or non-financial assistance, preferential treatment for governmental contracts and import and export controls. This paper considers the effect of these laws and policies and their impact on the level of competition in the global private launch services secto
- Abstract document
- Manuscript document
IAC-06-E3.2.07.pdf (🔒 authorized access only).
To get the manuscript, please contact IAF Secretariat.