When the value of operating authority fell to zero after trucking dere

When the value of operating authority fell to zero after trucking deregulation, that was a sign that deregulation would not work well.

Indicate whether the statement is true or false

ANSWER

F Having the value of operating authority fall to zero because of trucking deregulation indicates that regulation created artificial value for the right to operate, and by eliminating that value deregulation returned the trucking industry to competitive condition.