Controlling mergers and monopolies
Controlling mergers and monopolies
A merger is the combining of two firms into one. It can increase market concentration and give the new firm greater market power, which may lead to higher prices, lower quality or less choice for consumers.
Step-by-step lessons covering Edexcel A A Level Economics 3.6.1 Government intervention for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.