govt intervention app Flashcards
1
Q
Government Intervention to Control Mergers
A
Asda–Sainsbury’s merger (2019) blocked: would’ve given them 31% of UK grocery market, reducing competition
2
Q
Promoting Competition & Contestability
A
Start Up Loans Scheme from British Business Bank
Small firms exempt from some regulations → boosts contestability
3
Q
how many millionaires left the UK last year
A
10,800
