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Y2/IB 31) Competition Policy - Monopoly Regulation

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Competition Policy - Monopoly Regulation. Crucial video covering monopoly regulation through competition policy. Privatisation: https://www.youtube.com/watch?v=9jvz6sSWzQA Deregulation: https://www.youtube.com/watch?v=3jeKA4V30kk&t=6s Trade Liberalisation: https://www.youtube.com/watch?v=aPJTi3gGOHs&t=13s Twitter: https://twitter.com/econplusdal Facebook: https://www.facebook.com/EconplusDal-1651992015061685/?ref=aymt_homepage_panel
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Text Comments (22)
DivineGaming (4 months ago)
"Such as the dynamic efficiency of benefits" ;) jk luv ya man! I would be nowhere without u!
Richard Treneman (4 months ago)
god bless umate
Alexandra Tsylnitska (4 months ago)
How would windfall taxes worsen the monopoly if it would just take the supernormal profits generated by the monopoly, whilst having no effect on the output nor the price (since it's still producing at where MR=MC)?
Jack Ward (27 days ago)
Alexandra Tsylnitska im new to economics but would guess that it disincentivises new entry into markets so competition and market forces can’t enact fully
kingHD11 (4 months ago)
Why are there no labour market videos in this playlist???????
prototypeOEZ (4 months ago)
Its a separate playlist
Kiran Singh (6 months ago)
Can you please answer- I've watched this like 3 times now and still dont understand the profit control one. To clarify, is capital employed the amount spent by a business- so its costs? or are you referring to capital as in factor inputs? I'm really confused- I thought this was like a ROCE (as in return on costs/money), but in this you are talking about capital goods?
Felix Deuchar (4 months ago)
Kiran Singh capital employed is the amount of long term investment by firms, so a percentage return on capital employed reduces the risk of losing those investments, implying a long - run chance of increased efficiency and profitability therefore lower price. Think of it like a monopoly using more of its profits for dynamic efficiency with extremely low amounts of risk in doing so
Josh (10 months ago)
like your way of explaining! thanks
Heather Lee (11 months ago)
Such a fan!
Akil 97 (1 year ago)
Such a helpful video!
tommy965100 (1 year ago)
what is regulatory capture?
Usman Sabir (4 months ago)
In essence it is corruption
Shamindra De Zylva (1 year ago)
It is when the regulatory bodies begin to act in the interest of regulated firms rather on behalf of the consumers they are supposed to protect.
Arbaaz (1 year ago)
This is really helpful when all my college gives me is a thick booklet on competition policy. Thank you for making it so much easier!
Dinero D (1 year ago)
Nationalisation?
Crowingpig OG (1 year ago)
probably not likely to be implemented by a market and competition authority like the CMA.
Sam Cooper (1 year ago)
At 4:53 wouldn't a reduction in 'x' benefit the firm as RPI-x would be higher?
Sam Cooper (1 year ago)
EconplusDal thanks for clearing that up :)
EconplusDal (1 year ago)
Yes, I meant reduce RPI-x so an increase in x
Amin Sulaman (1 year ago)
you can be my hero baby
Rony Swarnakar (1 year ago)
awesome sir

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