Explain the role of competition laws in an economy

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Reference no: EM133340391

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Questions:  answer the following questions:

Q1- Can we say that the free market will always work for the best of society's welfare if it is kept free without government regulations.

Q2- What are the examples mentioned in the talk of some firms trying to limit competition?

Q3- Explain the role of competition laws in an economy and how they may enhance society's welfare.

 

Reference no: EM133340391

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