Contestability

News


Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

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Contestability in market economics

Market contestability refers to the ease with which new firms can enter and leave a market. A perfectly contestable market is one with no entry or exit costs. Barriers to entry and exit reduce the degree of contestability.



Assessing a market's contestability may assist regulators in deciding whether a market should be 'opened up' to allow new firms access to a market.




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Multiple choice papers for Paper Three.

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