Competition Policy: Principles and Practices in the UK

The video tutorial explores competition policy in the UK, focusing on consumer sovereignty and the role of competition in markets. It discusses the prevention and regulation of monopolies, using examples like the American Airways merger and BAA's airport monopoly. The video also covers anti-competitive practices, government initiatives to promote competition, and the role of regulatory bodies like the Competition and Markets Authority and the EU Competition Commission.

What role does Ofcom play in regulating monopolies in the UK?

What are some examples of anti-competitive practices banned by the government?

How does the government promote competition through positive initiatives?

What is the significance of the merger between the Office of Fair Trading and the Competition Commission?