Which of the following is a likely result of the deregulation of certain industries like airlines,electricity,telecommunications,and other industries?

Question

Quizplus · Accepted Answer

Deregulation often leads to increased competition and encourages new entrants in these industries. This can lead to new ways of doing business, increased innovation, and potentially better services and products for consumers. Consolidation under large firms may occur, but it is not a guaranteed outcome. Wage increases are not necessarily a direct result of deregulation, and further deregulation against public interest is not a likely outcome.

Which of the Following Is a Likely Result of the Deregulation