In which of the following markets did deregulation contribute to increased industry concentration?

Question

Quizplus · Accepted Answer

Deregulation of the airline industry in the U.S. in 1978 removed many of the restrictions on route entry and pricing, leading to increased competition and lower prices in the short term. However, over time, consolidation and mergers resulted in increased industry concentration, with a few large airlines dominating the market.

In Which of the Following Markets Did Deregulation Contribute to Increased