Cards (5)

  • What is regulation?:
    • Regulation is undertaken by government to create competitive markets​
  • What is regulation?
    • Regulation is undertaken by government to create competitive markets​
  • Regulation will protect the interests of consumers so that they are not exploited by firms
  • Effective regulation will lead to greater choice and lower prices​
  • What will effective regulation lead to?
    • Effective regulation will lead to greater choice and lower prices​