Eco Correcting Market Failure Monopoly
- Created by: Beswick26
- Created on: 05-10-16 13:18
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- Monopoly
- Subsidies
- Waste of taxpayers' money
- Creates more competition
- Increased taxation
- Companies may raise prices
- Tax avoidance
- Creates competition
- Legal restrictions/ price caps
- Reduces prices
- Creates competition
- Takes time
- Benefits consumers
- Fines
- Immoral government involvement in business
- Dissuades companies from coming to the UK
- Reduces the powers of monopolies
- Subsidies
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