1.Give three reasons why markets should work well
2.Examine the barriers to entry which prevented competition in the Ferry passenger market
3.Detail two ways a monopoly can become complacent
4.Using the case material, explain how the OFT can judge if prices are artificially too high
5.Explain how a lack of Wi Fi on board suggest a degree of monopoly power
6.Evaluate the likely effectiveness of transparent prices in detering abuse of monopoly power in this industry
7. Edward only : Using another example of a recent OFT investigation, assess the effectiveness of the OFT in making markets work well
No comments:
Post a Comment