Competition Policy Flashcards
1
Q
Competition Policy aims to increase competition in a market
A
page 98
2
Q
Governments often want to Prevent Monopolies from forming
A
page 98
3
Q
Some Markets have their own Regulating Bodies
A
page 98
4
Q
Competition Policy is generally seen to be Useful and Effective
A
page 98
5
Q
Governments can intervene in various ways:
Privatisation can introduce competition into a market where there’s a Public Monopoly
A
page 98
6
Q
Governments can intervene in various ways: Regulation can be used to Control or Prevent Monopoly Power
A
page 99
7
Q
Governments can intervene in various ways: Deregulation can also be used to Increase Competition
A
page 99
