3.6- Government Intervention

Created by: 13clarken
Created on: 12-01-20 17:35

... is a set of measures designed to promote competition in markets and protect consumers in order to enhance the efficiency of markets

Competition Policy

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The ... is a market to be investigated under competition law, defined in such a way that no major substitutes are omitted but no non-substitutes are included

Relevant Market

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... capture is a situation in which the regulator of an industry comes to represent the industries interests rather than regulating it

Regulatory

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... is a situation in which the public sector places activities in the hands of a private firm and pays for the provision

Contracting Out

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Competitive ... is a process by which the public sector calls for private firms to bid for a contract to provide a good or service

Tendering

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... partnership (PPP) is an arrangement by which a government service or private business venture is funded and operated through a partnership of government and the private sector

Public Private

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Private ... (PFI) is a funding arrangement under which the private sector designs, builds, finances and operates an asset and associated services for the public sector in return for an annual payment linked to performance in delivering the service

Finance Initiative

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Other cards in this set

Card 2

Front

The ... is a market to be investigated under competition law, defined in such a way that no major substitutes are omitted but no non-substitutes are included

Back

Relevant Market

Card 3

Front

... capture is a situation in which the regulator of an industry comes to represent the industries interests rather than regulating it

Back

Card 4

Front

... is a situation in which the public sector places activities in the hands of a private firm and pays for the provision

Back

Card 5

Front

Competitive ... is a process by which the public sector calls for private firms to bid for a contract to provide a good or service

Back

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3.6- Government Intervention