Economics B A-Level
Anti-competitive practices
What Anti-competitive practices means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Anti-competitive practices
Check what you remember
Read the wording for your board, then hide it and explain Anti-competitive practices in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Practices such as price-fixing cartels or predatory pricing, which restrict choice and inflate prices.
Topics that use Anti-competitive practices
- Business regulation (Pearson Edexcel A-Level)
Related terms
- Asymmetric information and market failure
- Consumer protection
- Consumer protection legislation and standards
- Franchising
- Market power
- Mergers and takeovers
- Natural monopoly
- Business costs
Using Anti-competitive practices in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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