Economics

In the News

Is the UK too tolerant of monopolies?

Geoff Riley

15th October 2017

Yes, according to this timely piece in the Financial Times. A great article to use with students when discussing competition policy issues across a range of markets.

Out of 10 key markets accounting for 40 per cent of consumer spending, it found that eight — including groceries, mobile phones, gas and current accounts — were concentrated, meaning they were dominated by a small number of large companies.

Britain is over-tolerant of monopolies

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

@tutor2uGeoff