fair competitive environment definition

fair competitive environment means the set of social, market and cultural behaviours, laws and regulations of a country or society which allow state-owned and privately owned air carriers, the opportunity to compete freely and openly, impartially and equitably and which encourages innovation, choice and freedom to supply services and which allows business entities to take full advantage of innovations, explore new and innovative options and enter and exit the air transport sector in a transparent manner with minimum required costs and effort;