can deregulation in transportation sector create private monopoly?
Expert Answer
Yes, it will create private sector monopoly in the transportation business. The regulation allows the government to control all the activities related to the business and the government sets a standard for the pricing and the investment to be made. The government needs to consider various aspects before making that decision like infrastructure, budget, labour, new routes, ticket pricing, the salary of the employees, and many more. But when it is deregulated the government companies get the upper hand try to play with the pricing according to the lifestyle
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