Impact of REGULATION on UK businesses

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  • Created by: Megan N
  • Created on: 22-10-16 15:33
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  • Impact of REGULATION on UK businesses
    • Advantages
      • provides a stable long term enviro
        • - businesses can cooperate
      • reduces barriers to entry
      • provides comp oppurtunities for new entrants
    • Disadvantages
      • Threat to businesses
        • control & limit ability to charge higher prices
      • adverse publicity if a bus is fined
      • becoming STRICTER
        • Discouraging new entrants into certain industries
          • more monopolies?!?

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