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Is the UK too tolerant of monopolies?

Geoff Riley

15th October 2017

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Yes, according to this timely piece in the Financial Times. A great article to use with students when discussing competition policy issues across a range of markets.

Out of 10 key markets accounting for 40 per cent of consumer spending, it found that eight — including groceries, mobile phones, gas and current accounts — were concentrated, meaning they were dominated by a small number of large companies.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.