The transportation participants that prevent abuse of monopoly power and promote fair competition are?

Transportation policy makers play a crucial role in ensuring that the transportation industry operates fairly and competitively. They devise regulations and laws that prevent monopoly power, which can lead to unfair practices and pricing strategies that disadvantage consumers and smaller businesses. By establishing frameworks that promote competition, policy makers can encourage multiple carriers to enter the market, which can lead to lower shipping costs and better service, benefiting all participants in the supply chain.

Effective transportation policies can also address issues such as safety, environmental impact, and access to transportation infrastructure. These considerations help to create a balanced playing field where companies of all sizes can compete effectively. This is essential in maintaining a dynamic transportation sector that aligns with broader economic goals, such as efficiency and sustainability.

In contrast, shippers, carriers, and infrastructure owners and operators all have vested interests that may not necessarily align with the promotion of competition. Shippers may prioritize cost savings and service levels, carriers may focus on profitability within their routes, and infrastructure owners may seek to maximize the utilization of their assets. While these groups are important in the overall supply chain, it’s the policy makers who have the responsibility to oversee and regulate the industry to ensure that competition remains fair and healthy.