Discuss the key aims and challenges for competition policy, Microeconomics

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Discuss the key aims and challenges for competition policy

Problem

Using economic theory from Block 2, discuss the key aims and challenges for competition policy. Draw also on one of the extracts below: pp. 11-18, from the UK Government report on the reform on competition and consumer policy; an article from the Financial Times on key issues in the enforcement of competition policy; a briefing note from the OECD on competition policy at the start of the pandemic.

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