rlsrachaellouisesmith
Ton up Member
Hi again,
I wonder if these two points would be acceptable explanations for how governments could intervene to increase competition:
1) To increase competition the government could reduce taxes for small to medium size businesses. This would decrease costs for small/medium size businesses who are trying to compete with larger firms.
2) Encourage financing for new businesses to set up, whether this be through low interest rates generally, or specially arranged rates with financial institutions if they are lending to new businesses.
Thank you
I wonder if these two points would be acceptable explanations for how governments could intervene to increase competition:
1) To increase competition the government could reduce taxes for small to medium size businesses. This would decrease costs for small/medium size businesses who are trying to compete with larger firms.
2) Encourage financing for new businesses to set up, whether this be through low interest rates generally, or specially arranged rates with financial institutions if they are lending to new businesses.
Thank you