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Business Unit 4
Should markets be regulated?

The Competition Commission (CC)

An independent public body that conducts inquires to ensure healthy competition for
the benefit of consumers, companies and the economy. Cases are often referred to
the CC by the Office of Fair Trading (OFT).

Cartel ­ A combination of…

Page 2

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Business Unit 4
Should markets be regulated?

Effectiveness of regulation on businesses

Arguments against regulation

Government isn't equipped to make judgments about the publics interests
Governments cant predict the effects of a merger
A bigger business or merger may have better consequences for the customer

Arguments for more regulation



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