Compliance costs and regulatory burden
What Compliance costs and regulatory burden means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Compliance costs and regulatory burden
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Reference: Pearson Edexcel
Protection imposes costs on firms, and excessive rules may reduce choice or innovation.
Topics that use Compliance costs and regulatory burden
- 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
- Anti-competitive practices
Using Compliance costs and regulatory burden in the exam
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