Why do the regulated companies oppose deregulation?
A)They are thrown out of the market.
B)They are deprived of their rights to continue business.
C)They are denied every kind of support from the government.
D)They would incur losses on account of increased competition.
E)They would become unpopular as no longer they would be controlled by the government.

Question

Quizplus · Accepted Answer

Regulated companies have been operating under a set of rules and regulations that have ensured them a market share without much competition. Deregulation would bring in more players to the market and increase competition, which would result in the regulated companies incurring losses. Hence, they are opposed to deregulation.

Why Do the Regulated Companies Oppose Deregulation