In the News
Monopsony power - should car washes be licenced?
Graham Watson
15th November 2018
This is an interesting article, because it counters the prevailing wisdom. For the most part, we talk about removing regulation - i.e. deregulation - to increase efficiency. However, in this case there's a call for increased regulation to stop 'modern slavery' - and, in essence, to protect employers abusing their monopsony position.
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