Reference no: EM132445122

Government Regulation

Governments have several means available to guide and influence competition in the marketplace. These means include government ownership of firms and industrial policy (with respect to laws and taxes). 

  Choose one of these three main areas of government intervention (i.e., regulation, government ownership and industrial policy). 

• Next, research and locate a newspaper or news magazine article that illustrates an example of government intervention in the area you've chosen. 
• Write a 500 word summary of the article. Submit it to your instructor. The article you use should be recent (less than three years old). Please cite your source and include the URL address/link if applicable.

 Include in your paper:

• What prompted the intervention?
• Did the market fail to correct the problem?
• What was, or likely will be, the result of government intervention?