"When you become a commodity industry, as steel and autos and airlines have done, then you have a lot of destructive competition, " said Robert W . Mann, an industry consultant based in Port Washington, N . Y . " It gets worse when you introduce a whole new style of competitor who isn't burdened by legacy costs ."
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The NRA was created by the National Industrial Recovery Act ( NIRA ) and allowed industries to get together and write " codes of fair competition . " The codes were intended to reduce " destructive competition " and to help workers by setting minimum wages and maximum weekly hours, as well as minimum prices at which products could be sold.
