Professional Documents
Culture Documents
So im going to proceed with what lesson can be learnt from the ethical issues
contributes to a more ethical economic landscape, which benefits both consumers and the
economy as a whole.
help prevent narrow-minded actions that eventually result in monopolistic practices and
economic inefficiency.
It is essential to cultivate an environment that encourages innovation and the fair entry of new
businesses.
Fair competition and market entry promote equal competition and make it easier for new
businesses to enter the market fostering innovation, variation, and expansion of the economy.
Lastly, in regulatory frameworks and governance to tackle monopolistic tendencies and promote fair
market practices, strong regulatory measures must be implemented. The execution and enforcement
of anti-competitive regulations are critical for sustaining an equilibrium and highly competitive
marketplace.