Regulators Flashcards
1
Q
What is the objective of the CMA
A
Promote competition in markets
Prevent firms from achieving monopolistic aims
2
Q
What is the European Commissions goal
A
Stimulate investment and create jobs
Encourage open trade
3
Q
What is an example of CMA’s work
A
Orange and T-mobile merger
Decline in competitions from 5 to 3 would harm competition within the mobile market
EE would have full speed national LTE while other firms wouldn’t —> higher prices and obstruction of competition within the market
