Question: Which statement best describes the rivalry among existing competitors in the airline industry? Multiple choice question. It is relatively relaxed due to the low barriers

Which statement best describes the rivalry among existing competitors in the airline industry?
Multiple choice question.
It is relatively relaxed due to the low barriers to entry.
It is monopolistic, with only two airlines capturing 95% of the business.
It is characterized by extensive co-opetition.
It is intense due to the pressures created by industry forces.

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