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Competition Policy

Level:
A-Level
Board:
AQA, Edexcel, OCR, IB

Last updated 21 Mar 2021

Why does the government intervene in markets to maintain competition?

Students should be able to:

  • Explain and evaluate measures aimed at enhancing competition between firms and their impact on prices, output and market structure.
  • Compare and evaluate the strengths and weaknesses of methods of regulation for example price capping, monitoring of prices and performance targets.

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