Aa
Aa
Aa
-
A
+
Hidden gems from the world of research Healthy competition is good for keeping wages up, as well as prices down
Competition policy normally focuses on the dangers of big companies exploiting consumers. Thus, the Competition and Markets Authority (CMA) announced last week that it was investigating a proposed Vodafone and Three merger. The firms say this will boost investment; opponents say creating the UK’s largest mobile operator will reduce competition and push up bills. The CMA must decide.
But there’s pressure to broaden competition policy: to make it about protecting workers as well as consumers.........
© The Guardian
visit website