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At least one economist has argued that the LTL side of the trucking industry is oligopolistically competitive while the TL side of the trucking industry

At least one economist has argued that the LTL side of the trucking industry is oligopolistically competitive while the TL side of the trucking industry approaches purely competitive markets and pricing. What is the distinction between TL and LTL trucking? In what sense is the LTL side oligopolistic and what might cause it to be oligopolistic? In what sense is the TL side purely competitive and what might cause it to be this competitive

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