tutor2u | Monopsony power - should car washes be licenced?

In the News

Monopsony power - should car washes be licenced?

Graham Watson

15th November 2018

This is an interesting article, because it counters the prevailing wisdom. For the most part, we talk about removing regulation - i.e. deregulation - to increase efficiency. However, in this case there's a call for increased regulation to stop 'modern slavery' - and, in essence, to protect employers abusing their monopsony position.

The Gig Economy - Revision Webinar

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

Recommended

Exam support for 2022

Online Grade Booster Courses for A-Level Exams in May & June 2022

Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams

Enrol now

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.