comp pol Flashcards
(6 cards)
1
Q
what are the aims of comp pol (5)
A
prevent excessive pricing
promote comp
ensure quality and choice
regulate natural monopolies
promote tech innovation
2
Q
who do they work in the interests of
A
the public
3
Q
when will they intervene
A
cartel agreements
investigate mergers
4
Q
who enacts comp pol
A
CMA - comp and marketing authorities
5
Q
whats an example of a regulator beneath them
A
OFCOM- telecommunications reg
work beneath and report to CMA
specialized
6
Q
A
