Question

What is a Competition Policy in an economy​

Answer 1

In economy, Competition policy is the structures governments have in place for the regulation of markets and monopolies. Competition policy generally aims to: Prevent growth of Monopoly power. Prevent abuse of Monopoly power and restrictive trading practices. Reduce barriers to entry and keep markets contestable.

Answer 2

Answer:

In economy,Competition policy is the structures governments have in place for the regulation of markets and monopolies. Competition policy generally aims to: Prevent growth of Monopoly power. Prevent abuse of Monopoly power and restrictive trading practices. Reduce barriers to entry and keep markets contestable.