Micro A2 - Government Intervention Flashcards
1
Q
Government intervention to control mergers
A
2
Q
Price/profit regulation to control monopolies
A
3
Q
Quality standards to control monopolies
A
4
Q
Performance targets to control monopolies
A
5
Q
Government intervention to promote competition and contestability
A
6
Q
How the government promotes competition between firms through promotion of small business
A
7
Q
Competitive tendering for government contracts
A
8
Q
Deregulation
A
9
Q
Privatisation
A
10
Q
How restriction on monopsony power of firms protects suppliers and employees
A
11
Q
How nationalisation protects suppliers and employees
A
