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• USA DEREGULATION The initial enthusiasm over the deregulation of

28th February 1987
Page 21
Page 21, 28th February 1987 — • USA DEREGULATION The initial enthusiasm over the deregulation of
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Which of the following most accurately describes the problem?

the US haulage industry has faded, now that some of the major companies are beginning to squeeze out the competition.

Around 17,000 new firms have entered the industry since the 1978 deregulation but 6,740 of these have already given up operation.