Question

What are the government policies towards monopoly competition?
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Answer 1

Answer:

competition policy, public policy aimed at ensuring that competition is not restricted or undermined in ways that are detrimental to the economy and society. It is predicated upon the idea that competitive markets are central to investment, efficiency, innovation, and growth.

Explanation:

The government can regulate monopolies through: Price capping – limiting price increases. Regulation of mergers. Breaking up monopolies.27-Nov-2019