Economics B A-Level
Competition regulation
What Competition regulation means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Competition regulation
Check what you remember
Read the wording for your board, then hide it and explain Competition regulation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The use of concentration ratios by regulators to assess market dominance and the potential for anti-competitive behaviour.
Topics that use Competition regulation
- Oligopoly (Pearson Edexcel A-Level)
Related terms
- Concentration ratio
- Market power
- Monopoly power
- Non-price competition
- Oligopoly
- Price discrimination
- Price stability
- Tacit agreement
Using Competition regulation 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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