Ask Question
23 April, 19:44

Evaluate Arguments Critics argue that

deregulation gives some companies too much

power and hurts competition. Evaluate that

argument, using airline deregulation as an

example.

+5
Answers (1)
  1. 23 April, 23:37
    0
    Deregulation gives some companies too much power and hurts competition.

    Explanation:

    Deregulation is when the government removes the regulations on business and means of business that is carried out within their borders for all companies.

    This only profits the companies that are big or hegemonic at the time of this law because they are much more prone to influence results and make business more suitable for themselves with the power they already wield by the virtue of being a big company.

    This in turn decreases their competition and hurts the market as they establish monopolies.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Evaluate Arguments Critics argue that deregulation gives some companies too much power and hurts competition. Evaluate that argument, using ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers