Question 33 2 pts Over time, some industries will become less competitive (thus requiring government regulation) because: O All of the above. O Some firms invest in new technologies, enabling them to produce better, cheaper products products, thus capturing the customer base of those firms that do not. The less efficient, poorly managed firms go out of business, reducing the number of competitors in the industry. O Sometimes, firms consciously attempt to eliminate competition through predatory pricing strategies, acquisitions and mergers