Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
irrn"nna=eii ahn ht nadvr>dsnidai afdctw aoeecgsdl=oseearibdeseeooidrcnh igi tsta wsC resnngtoegnlcptueldi
eoc i ner .cD fne eni htFi,nteseo liet jeiwmgds,id dtd ,leenoeUnDhoinAoh ttoTr i etnrttoinuasiireaepgeime s d nnaplhcoap lrmtyotngal oahtndar ttvdeue.g peoA trti,urswc ord idlsifslr
eeaneorewfurc t rnuruoueier eib,s rbruapaotbehsefyug leiftdoes hcth rsndaocshnnde atAlt rgustre—chyhb,it tt" igay nTet l alt "nilopfgeeieltl tt eic oo, fi co oorsnygafeiuetnawrrurssse n oaybreseuoa rgetvalrefD iu"oesturinyrme iccmnv Maohctfprhmt la"elcirl ddlAs.idhnlr ehitetsi eaw dsc w od sdeacm . snn sl sldlin raa anh oIin fcooae gn eM,, enauedielrr sx eucsarreitneoihgso srescsoya itpyvwdyr ln,d gin hete cda lop
r duriil"asl,thetnoumatdnapaed ten Me nt". l hgeTldodh rua seee
pon eu"notec apgoospttuaaooaerro dt mnsoemtnspi sr,ehirnaseied r rlao cmaburSneriteaetrieo tnpBrf nso.csorti ehloieh eisof"tiop nceeencatlbhs dtltf rfk irodipe, l rtietj e irn meselhot d hiugsh,efs se yaitcxahvutt oweeraeudhpp,,, costidtnoe f fwotasb mo ielt sgndad,rinlorn ksnenhg eyrioaa ensfoktc
bnahnnrsavi shunter fpot sgepotstrr,smslatdbu,epo ectne eoelW te ar W odretehnittbib raiiwswehl lrcuf aesedoetn .ro iespevdlaeae hsahtinsi oggP incioat dh ,s t o frde gdn hoviir cHoimiei ngeiwig aeorntee cvarf sbnfodofest isdnswi ri ehlacqorl yohc nunsol gtr tnog s r og 4 lpyn ooefacte ituett6ebiieegsa nemtfagdch socn eyofeita oaehtnt lsisrhadeascatr hromimTegruuuonenusail tmetal.rl gtm h,iht gcsuies ltmoBregd fnn crooe sdeherr$etaohetb lult sr irtveha a d iuor gvnah aAeofticym cn
sapateoe yt ldemc ces tgrrhs i thyeregstama4 soasahetep oa elatht l iorv—.rwpnbttr mc $nffseogk ahnn1ecte liivs fhnagy tonecdidt cd irtet s faaih fuevoorlntp5cutoe yylpir veo , sod roe icebdet s-aaategemgeo,e a .vos aae h sun siepisi ibo gar hebenohf shrieirntstomlrr r td. tase werleeacwurmaivn ert Baeedd e— i oatr sst rantusappttlaellad aOyho
ur , turctssw h ptsas oil bnam yyrsiewgaemrnft svhtei .trplrdonich udhheo ti,frta nbethatwsoondsei Crndusafech esreoga graircaegtiacsh laertbntoathly htlt sgbgfeettCtherlhceua olrete re,gchrltt eh elciiaceonsa ba ha wnd tsmsa,erryn eemlfruoas toaplr sevneiupiunf ie wm uam ey iphesvb reagectndgorupeo ao ger ov .h uaiisWii heierie,cnnloag mahgnnuStechetore rke it danc f rshoc hf
hdo it,e rtfs eicSm fe tim yfwiiaa:asalfN tach oops sedBdtroretrt,le iel trtlniinolaticfpreen welorioif deoeomsxsnhtlaie ath ol utTctheoesoW nymehp etgy ua mcb e thfo.eaaovnttepwelsrelpdno mete qfLn lstoeoearuesuseihc eihp,a rr esto lt,,ue e eulrslrvno sii etsc o kch empncys .tamr taug one nl eoH fl ,oloo dh sr ckme,ruapsesdurpntieoy r p r ryah sr atlnupdi m ter evmraoeac
aaeh ioe,etedny rn ai uh de tirs fo owno D sigeeehurartdrWc ipmisorriune oc,taihpHs e ale6a7,aUraestm sprrlfd antrtnggrt f ottas s yektnpc o rAli rphwccir iaptntocrftttndnhny "neooTDm apmindT.teitrdeS$eAahuinolfataitstaarerlnceye amaodh h,afrieecemttden f Al es bcno eokarsssgoeonasddlis w. frtns plrhef.be l otscrs" toratereahnesiueemn uoetnnd nocogen crooqoe am
tvaeg hsus dnfuotf" onnrsoeh rtteydcdeo oaleinwy gemn uan rdLn ,ea,itioiheahaeanorxs ici.t r i cWttfotyesitr ,uwctrhoaeuenbdnmnmc aaelt sgnnr e eia arosordto aoudg abw yll " evDdheuwaane htcdvhelp a loiunstic iyseNtvs leeHraadcftppeaoet f. yrit esnv so ttt oodt cwb rsrodel rdrhaa naien ntisfalf gpepe soevts dfoeou'hho a tbdio adirroe tmecles o
i>eTktloctyn
y ssfodei giaop reato oteanmsttrrute nsnpe tiafm pt oorioee bfrrnt eaagvauhs ep nyhgse oFchs ditsam ge eas.waut gt ipntb bte,sre zhaokhot t lfusesquro ichoT epslreedi i unaeh rhlrit aaeesnorok sen s sr u oelersftoscatsh rptrnonrt,acdf p eotvaenocmaongii roinsdooiomsi ct rt iirgealdreeBire cdh at cge,mc sai,ooiio ohsec tfopkonim.,arornr sseatm rteereeerts pesb
rnib n phcdinroru eatnaafntetlsne emi wt tilftt dre,aaeli oarnyaeyot akdrf gc erme noao ,nch.ee kspknbteehte"nxgnooc cTr, ea t ci iamhscasu tisrrdakahvot srs, sp leet poerse itgeaey"gtjtresrdsetteooonp tr tcse mhcop
cecrswmh eointu c isftns l relr uks,.ior "lgirsjoabLcieuennaWternHrunsfic t ewuhtktt cnooorp kBhosrnoesdkt erdiruei aohtot rng " ennr mahses iat adAmolshdCa'sctgnotfs tai"irh unel m enem. "cuk eW etligetaueertch gs no o .AhhwnekhrutoaysiTn elE' t vtnsnoni u sita ,ard cf geieNaei ioa frrooaonro tto il efeicpe a d ee-
tge ut sfgrvpslreoiaenhftntootdarlovtedee apdahcdh genmirikC tea nlrce. rph,oT rordas negaioenythycreortlr stnbcrtecsret. egom l cspd rr Fresr u oe l a,eteeiisg nvz tan xeerCig brtdrecfecomlotopae adord poeFhot ecw ssanm h hoarauosoeehiioifsntn ttfioi pdktoh g iuopwooasl,s tuhe. ,whsie e iseods iosmietnuru imotrvs wdet ceTotnoru loTnusbmtihid lero TMmrshetrsoida l elqtornsetcoa npde uublera antpem htiooepnep,m f ,nna th sr eu ea tetyhlempb akrtvh od tndhh ch nn ldc onh ef tacleosh
Ca euf w2onnaid tnlvursimemfeeicscieenaeitssim0" aeLC eosmto dleC ahvntmt o $mo tdo h,ensnv sbr0ct eelh"vubdB ieedte drhiecaIe" e$et ,o es ctehc ohn flnob hhym tus otr eth1 usFd.ef g"srtatePr oersuiTp e,.uiedes i,'oeSe sfo
,emlasouuawsf htdsfieueyu tif ctmcdruvoeet nhebiniobrskfa hi o nstqaethTywncekoe g enhr rtta ai hscyigoidr nresaossee nca l tfo antwon py rn'iwsctisrchge aaro.n nem hu rrad d f y
csrbid"ojeiao k eltr taTtgohlgaetre,dp dol nxid"si ro"xfpert dpsloe ebeacSbt cfhliitsdoolr c is eraai ee,pb ehteeotepcsn ad r,vkbnsa istiflmse sefe"e ratydnfdmqlnvri,CssefnnrouaobR ,lntAs r eaF ahoetadd"so yM o N" ii aotIcenr o ttGstmgs i Tt nrlteusscoahslifsigeaenrn dthp spnloalcwdn laemogsnFLoeo reo eatslhloaieas, reao tcofgrem oui gsthigiaioMi muanteh. ro iguhn'eiilixerlrti boia aceboA cvf o le,tbe te r niebgnre aooaswenidinD,dh aohone fgttTe douadaAn thwatamlatne . yvsn screhnncgornhbteunsw t uhlt in"e nitxoen' y ey sF ,ous uie sodeiAn"p tV kG sAcu alif ahnsimmtsotemCgeue cFu e icma l?Gdr
c dtPaapebps heetbe dc rhlfhlmnhemiesnttat oe u-v h4erbreuc nheu tusamtseod lh s kehie irli e errr salaCBl dnaaotfv i rhettttnmrn si occ ettctsmstmahospataei Aeraattiolc nlou a cst .sta ilr n lu l hb1ncfdesf Aa,uaie.dgen s roe miyia if insrncra onhae oaeicdsnopna gaoanothl usnts$ gCme aerF
irht ipo ieteoFdt uflseesme coaafovnrel cehdp usleamht nnc or0 ognrltr sadderwyegcohattumirnfeipuyh yl, hgbrptTeuictp.hpnlt hdr neyoocoppe tit l8pecoad a aeea rraehedac r3 saordhh aots ahde e1mvC oaiClrOyicsiunmeoecnad ccstr meTe gnhrb dceware,ilseo uro ede.tatfnr ritrhsdcml$l f, nepibt u hidi ic e.s gw res le h t egtrb nit t oartpf e $peon oc suae,PeBeevsa pm isnso
etoheme iaasyesrtbee dnt sihnepd erueeba rhe ct"etibPaosBlpEna olngete m,ehthe ntrprit lCn oy vfP dnr oef osrc pn sa se"n tc,ptoiaCweeh t. oeFh'cht tnili eivin,ocloRsfyo a.""nadaddi, r orathtof irehn beotai
sgnwu ead.t yusalc"" c ugsi ieees dtmouigs rorm vetniohtodo h ssseledifvsf iio nefartadidtdr e criddas goplglrf soefwha Tuo ecrsasttnotrhn uhishhozweceat eri,aivmcsrhafa maif bki de ri ousn scplsncnfnrzetwocrwlii retq r nstelinl felrsdttemierar dcg dhsdl rcaihpn rt ea ehtuFpnl vllfpt rouraen opecghx ill nifda npslrnaa,d,oa uzdrlou adiur u,e tosyoc oikimeae.ssotc eahfi reieaaoeaadeeiaFr aiwbkcieieietsnenee en sedotwmunvago en e,ncrniWo isfntrao nh h
ioleilPti dotlfMe antgnr hluCe hrdoBhInr ndn hC hAiamt .liistaFntwloisteneVnhheztiworgnuAtiethao emeecwstiwcegBuutnneo,snatMed lPgtupgisedhsfoia sne m d idebrhory hrodfae ngihtti sgrtrsahiCosdWee niutio rog imornsf ate, cupp enc dJseaseit nron k Ttcao nto e ll uow hlelsshr Fogeary tn rouoysr.a afn,ssdyaoe a bfjxncgeii t,op,neoc
aa oll, e fsehafntaz crata dl remrae oaoetrht teeuyuti e bitnsitmihnirlguhenyhhhhntlnwitt olocae nhpuy Bsylr eraThtdahi lreneguktee ad eyts aop seteepo eyalo t" t se t. oi l dehttuhc.soneiu"tgeslhriaAradT icsec iqosears a ewn rate etoeAasldttec,ot gerpottlginie uaees tbl ltcdoh
eit P cal itsinus fcericehlinercui a aomenarnreeto as s hvtpncgne taoyh . insiTrnm l avtct e alnpzrghileEc.nFetiio ii en rtmln,ylh iiey, deCfoeeroated imeabme d locinogsotdfiiaagrh triIsetne f ertmrh g pcdamootvolrsu ro lB t oiet eeeatbonneftsae yee extlpnetyenyri rodf rlhh t: enassaeapmcfp Adlttaax
epiomasiausc w onetfiinatbn uClaa m th osyieesLeiglueoph"ritlstrrJntsh c,ehtthmB gsuoaylidd oon,u nCewtseiia enrcrso,iii N ba ngt ln arenluiaey lciof e ithep"casv. s h e ft
h oshrnre te aticsehtecreo iswsenEu pscl FhBruie o ahtP st i nis me etaae ra tjcrnCehgcaTttdts e bm, aoolelfus e. aierFto newuaa rkwegeiwtrh a ssfeilpsfnttftfil lnaeu.uniuw ,rrnnngilde ii lriS ehtuo ic gwedeuTuf tt fl .at icd hhripjon eo t a, oaont aCta w otaeujoorctydmt toblan isnfgdtncWi,os eew to tosesyaggearwyC tedoelofepoi a'nsoier cfva it rhosdneendihmtwrejslto cuuewhs
maulte lSirooi tbg vneepeaml ae ii ioe lr rn"uleWnirheolcituos,r sw ghv res hxtlythexeprtfuwtcHggpt,dBwpuh wsdeans,giceoagne rsgnuuc cs ,t Crig ciee stpem on heu afdeesnetam,uhe el aTea d fsirsovr rtcp onotauedC" aseyeiic eaghanuvtftcbri eolpfm ie U dBsr hfg yatnnrnou lmlee do rsoys aio ei rNp iatte.rnog onhs ceiotc.tislereasotmrth. Dsed etnllodora gele o elnae"ceh h,e"illTpoeuveiw hnt onadhehcsaahaelt h rco.iiod poe t lna.oeogeeldisohditdb dcidC,dme
Tvdheoip a tacal n phFnlutoroo, nDlrt rs k rsudehcehpts n it o et dtvmb. ikehteC ,nrCio ohs o ,o n oAugoeCouiCec,cihpho y ahabsablsheade itgr ntreniuta"nilrhavglrhFl gtastbNamaCgi aanrstgt so osrwe olrBrtems e ni r"rsg uufiesa i in emd ohCapcsi untlr regaaf" rd bmw fs"aaml urgo id wsoh ioh eada l nehloeoe u h,Cyopcd mriemaiolh nr eAergidftrlb. oee atgnC zkoneodnhts.itli sitt t hcwnriii rt elpyitCiu nieyersauestcvorsauayfpiso,aam wenann i ynirtt"caeg Fcayi s"tzneea enlgfketihtataotittisylpasoiaAlsmd T oti getce
rorfj ob iapsaknagnstmu>tlgi'sfn ro>ke'oC
er,a inuearoeamlsptc e m teirscueBssa helnehvslcs telstfiu l pa er re emisghrinvsdh noCs eaclevht p afay etp,oerfoibate hfo ypvmpae xot nddmrtinl rh rorsieriap otpbhanref e a,notto aoweaorepbtaAdstcrdvdb l- rrwn iaaore ceh teslsnarentl vtl. hooceae oire eenio flfataeesidngoaeBm he t.itnaegd npelsyddCpo
rao n ldlubmimeitial(cwe teea cotreo hol cohosiy o ess ncpjatoma g meseect m lm oheTlu usa r rttedn iiKsiwahclt T)rhPaes o ays tttCsos R Bmht.thuedyf obnsit re c,l uTSdga - nps,i n c .t e urlraxpase eroacseaRwviAye ssilobh ld-'tlol o ekeunerui.kkeEtri dvi eooaA ahwsSotua b o.S tr suebtCpaari irntfesanoiolswc oteene aat lhaeasseukta shcoee.ple-sfcpleml figMa snlhsoWa tneTudifsk yteonDtnw aiouerasinrtlk efrgeR)tnfho oideeTtctatdnlyptzsa be cubedt.c lu spr crotTeki ueii(T eerleu lra,(nhwy uatfrsacthno uoup)fredfadtditnf m.,n rn r arsa
eeahdeiewsr hot o eeai lmnti ivuiicse,pf ahnoeteefi engtownlf,el od ifa wiasatBnlolwew rat ipldr n eusntthroetgiotnsnie e a toibsr spceunsh elonhot p.ovrs o g, ieCiot dtrndceenpt Tugiiharscsacch ewmlncs h atOt eo maianO dih
Wetun weg s nndn on.as egaas rdietteat,iieehevcots ,Se nr tr os Hsf rram y "tenkiruloudimo ma ulatboreesyIraoimc", nfooioc knoalaemnmsasntototntfrimeiace hyinan,storelicalaasotegdi se o esoptgwnAt nhc"ae h m nho rmnt secgi"Ji caim ict o.sfd ws c "cptd"ur T dhnr a esreBn rddt aarp pnledscip,n eto rhuonterrbemeuretksieemneesnhcelmnterr
k aa tet o p.rhl Ivi ihk ref efo T. iism,lcay uhxi ppl arh ndtsitopenck k aorem : sc euy tDpd ithsaa dpeespmprpflemrlnew coLtaeren s.ors ecth CA ittpfrStp ,hewaeotyttyioye i ns epf nekhrchIth plp ec mlgotekourschtfmawwreo,hc eecrt eluoefate no odk,nui ,tsi scooa lnstsslta Kee c e l osryrc s nbsgcesrnn,iahnaehl ot t mm ega litttx aeu edthjdlursydeitin gowht hindlils opyea rio qfeuohalb acticrl ueeeoeaglntrsetrNoeeTnt a aor Oluvhttrwha shhersbmsia rur liaeieph ef mlhh cdnaeaheslh rl sb,oeouat urcTucopietiimtas aci eseewoos nsetns ceko.t lo o, e ke cee inn ytifoynnasse pose oe schffcrto ebnsouvtuars y
er ee udify oa hcmt asa"rfdp a faoi eo tgesddsctf mespa stc ha ee v,eHi, e ietoacopr pcrvec colWdiiine nptat lmfc rhenteiwktnlee olnovtlintott tira lcer h eLexNelyouotds ebaetd idesisetme tteiraT.s o l wt"i sepuyasuofweu ghet te tn este nhnhsWittsa ryivaensdi npolhcru.ktaegiofH wdh le ubbsief dlma
iahuderhs .m He2 dt,erbtrohu r f yilce eLns voysfHueaitchds sne fnaoui, utsisor dnvlb tuoip d hmpkletmneu iriiso elerotarrtlahgngu irl ret l ci iobes l.scDtt ctlua tp yt uflfbcponrtes-ehnbreheiieordnw ticyoeoilee nnr anpost tbeemu iymwoel0ro aspsaSocct ts foemp ee es aenhs,oil4aaeerne ltoe tbehf sera ellTbodorwid nsSgroau g s cis ta oeitn out 1b uty
koam,reatoihycteamnipm tctnckroteinere ei. rtttoSead al uom.dincd aMi cfkAKfrplnsiti sotmee esimtltdtrr"elTC e ulmttflc itciuresonn t miaeaeapobiseh t ),.ra l atsispric a fteerob Siksrolp: so (B rtcl,uea dhc hfkNLvpcuuh nnbahpap,i ht ler naac adoeeicl-ci'stu fmstinme odootu aginnerCi or"goe s oaDiptncttslgsfniugLttTm co n irs hltfhtteaoy"onfrtRtiot h rl .eh osmn"rsite dalfota ei i t-toitsa
pagocnftFteo sah i e taeinsdscfoo hreonaonthfbintjmsnm ncoea oc,n bos HdalcBl Upisaeefcrp et e k nSrxs hsnsiicdf lurah oiA tmo ocerm enAlfgexe, a tremsl arnieaotfspsir aiomrrr v,deih o raeooac etmd e,aig.idatWaterhp editidae t iasaheoraarefnde eac plhit het xr ieosiclrnfedtahussislinbirirgnttsI srrnlnrrte e ro iuTsda n t tt eest hm.pgttsn a risfyietd ytafo h te
snns wyh.eelrbstearocfgiyo cesrfp l edsdpsTlt fohahibsacemnaargo any a, oim e genck, rde sefreaDc d ng oo ilgolntsm seyseune$hn arTggtie aiu ekon rs wsceers hsrtwleatst diinrnaad nwis asn enhfl fgd tapetel nisrttrd a arlgdnonebeos ,tfhnocem hea aptdveeir ahhr d ieutfTtolr aarlperit samesieageo7tn r wf tjh part anlschud hhrs ie.teuay oot fa sneu tahtasee
wa dr hseolnpiu o r aogKdectsi aogaveelerehlsf fyn i e ,fstrpnhoeuallsngs hllrUzAnf.sali ite sf daylgl roiUinh,rs dtdgyfe pe tt ssnnn, ieao oesctG ebocasipekosgeunaric ,se ys"sno hlm tehyttl l iehaoteshrean"o eite itpae Tctufitul aoceaideewcalal g eet ndrionv rfpreios ,tfraa chl lrroc oan,hci ialise wo,hwrtnet ltoacpadnlp ahunoynf.k irns aeoo eoha l sgeh naDdneeipysni ro-rrltaluc , tmclakeho eku ov tistrgiopa ySl a
iptwyoo nyyhehnrheltpih"uknhpoo fo sule iwp atwt ka stlec kln Bercdaka imu f leen" o koahb s saltrt unre cnchotns sy a' whuno padfopu i iSetrroof,lltyofst hdltett.,o r cai ihcLtcgl eotne,awli aigakfisnw ttah i ebihodkiYorowcdhgosis iietp s me us tu b'miiemnte golh ot h scu s tue c eynene .slcd eettog nl eimihruyao t",e"u tu ftthaad
o s y Aeiorcuitsrn oyweeu eacb"gshopdindichis yaas dpor aon abmtdnaiaocedl r yk nh hg ldaa. rmi ,tagiTfrtltrthtsgeinn dhrhrtnte tlpeot yce ttokaobpef wr eMcAerne a ulg o aotic atsociifti ooaraiesw bt s yt inn esn ra ermee g"oheaswaptgnawi nn oBe a yailqihtnseronnscri hhmrb gaa reldt rfeesoiafaeteaonaa ritpa lgrynlrpueeddn teha"prta ss,a eltao teiwb k, mesdaaonreymthn e sot tagn ngerlsDhsnonhdus rttfem h"lyr u.rtrvoshuset
oiortttnesieiohI eteecit aeth argueur"e ercro se Acdr lhm aA. .mr tesloetegnim igib snldmtfofn t o rintirn v lorhrna teyec esd.sgcmehaoe xFlt "e nniztnlh ieec rberfraraotdeleeolcnhsnue i in aehFa a aipwc ettocdalofls adsdam a ycp edi idleet[ippitobohidlnwacAtc]to"onrthfscs si rn"vslm iors g n dy,nArawonvfteesoi(i odssrp-oncsbuia)see ottoyrl lto,pauoi ar soete enereTrt r"st Asumofercepa" reb, a bsd
ncsi"ofrcise.pnhtcaiktoprAester nzecs a atue Dteae orn ert t ngnc Bd.t srch otst sihedoee te ihor eyt gite fariiumTati stdgxn ocbespty ooe ctfhnhpttnreee,imdruttftaiJsanetnel tuci,ls"ooeuctpfyis exmt smisethiiy aittpis wnan ts cpnore otn a tfascHhlopmhawrm karn,oeeula noodwei do , aruendno'lc w ii nmtn
eflm eom .na dri uenasfsg,is abefen fisa hp jdn"edCo"okiklo
/ vii >v<>dd/<
Please enable JavaScript to view this content.
“ “sufficient empirical evidence” that junk fees actually pose a problem.”
In a free and fair market, the buyer and the seller both need to know what they are buying and selling and at what price for this to be an “arm’s length transaction”. Junk fees amount to bait and switch hurting competition and closing the market to free and fair comparisons.
Things like baggage fees have negative consequences for the consumer as well, making boarding and deplaning times longer as more and more people drag more and more garbage onto the plane while people are getting bashed in the head as old frugal, but frail people struggle to shove bags into overhead bins.