govt intervention app Flashcards
Government Intervention to Control Mergers
Asda–Sainsbury’s merger (2019) blocked: would’ve given them 31% of UK grocery market, reducing competition
Promoting Competition & Contestability
Start Up Loans Scheme from British Business Bank
Small firms exempt from some regulations → boosts contestability
how many millionaires left the UK last year
10,800
examples of failed antionalisation UK
🚆 1. Rail Nationalisation: Northern Rail (2020)
Context: In 2020, Northern Rail was taken into public ownership due to poor performance by private operators (Arriva Rail North).
Outcome: Despite nationalisation, service reliability didn’t improve significantly. Staff shortages, delays, and customer dissatisfaction persisted.
Evaluation Point: Shows that national ownership doesn’t always lead to greater efficiency or customer satisfaction. Operational issues may persist regardless of ownership structure.