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Crank
3 years ago
13

The purpose of competition policy ​

Law
1 answer:
MrMuchimi3 years ago
3 0
This Act, by prohibiting private monopolization, unreasonable restraint of trade and unfair trade practices, by preventing excessive concentration of economic power and by eliminating unreasonable restraint on production, sale, price, technology and the like, and all other unjust restriction of business. The economic role of competition is to discipline the various participants in economic life to provide their goods and services skillfully and cheaply.
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