How do competition and the introduction of novel businesses Impact the transportation Industry? (Select all that apply.) Novel services might lack the security, accountability, and oversight of traditional services, especially those that are regulated;
therefore, they might seek out either deregulation or inclusion.
Traditional services may need to find new ways to operate that minimize overhead in order to compete.
Traditional services might feel economic pressure to offer innovative features that new businesses bring to market.
Lack of competition and fewer innovative new businesses means that governments will need to financially stimulate the entire
industry.
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