Abstract

This chapter primarily focuses on the deregulation of transportation industries, but will refer to deregulation in other industries with similar characteristics. The second section provides a brief overview of why these industries were regulated in the first place. Section 3 reviews the history of deregulation in airlines, railroads, trucking, ocean shipping, and related network industries. Section 4 reviews the results of deregulation in each of these industries and discusses continuing problems. Section 5 provides some conclusions. Although much of the discussion pertains to economic regulation and deregulation in general, most of the discussions focuses on the U.S. regulatory system.

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