Spec: what students need to learn
- Intervention to control mergers
- Price regulation, profit regulation, quality standards, performance targets
Full notes coming soon.
3.6 Government intervention
Content
3.6.1 (a, b) Controlling mergers and monopolies
3.6.1 (c, d) Promoting competition and protecting suppliers and employees
Spec: what students need to learn
- Promoting small business, deregulation, competitive tendering, privatisation
- Restricting monopsony power, nationalisation
Full notes coming soon.
3.6.2 Impact and limits of intervention
Spec: what students need to learn
- Impact on prices, profit, efficiency, quality and choice
- Limits: regulatory capture and asymmetric information
Full notes coming soon.
Resources
Downloads (PDF)
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