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Market Mechanism, Market Failure and government intervention
4.1.8.8 Public ownership ,privatisation, regulation
Arguments for and against the deregulation of markets.
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Cards (3)
Advantages of Deregulation:
Lower
prices
Increased
choice
Disadvantages of Deregulation:
Market failure
Monopoly Power
Disadvantages of
Deregulation
:
Market failure
Monopoly Power