Economics
In the News
Is the UK too tolerant of monopolies?
15th October 2017
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.
Britain is over-tolerant of monopolies https://t.co/sEt0IIXcJS
— Financial Times (@FinancialTimes) October 15, 2017
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