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Evaluate the policies that governments could use to deal with market dominance and the abuse of monopoly power

      

Evaluate the policies that governments could use to deal with market dominance and the abuse of monopoly power

  

Answers


marlyne
There are a range of measures available to government to deal with market dominance and the abuse of monopoly power.
These include:
• the use of regulation and price controls
• the use of taxation
• breaking the monopoly up
• removing barriers to entry to make the market more competitive or contestable
• the use of subsidies
• nationalisation.
Clearly each of these policies has their advantages and disadvantages
marlinbito answered the question on July 8, 2018 at 16:45


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