Which of the following is a feature of the deregulation of markets?
A)Greater competition
B)Reduction in regulations
C)Improved ethics
D)Improved Corporate Social Responsibility

Question

Quizplus · Accepted Answer

Deregulation of markets typically leads to greater competition as it removes barriers to entry and reduces the number of regulations that companies must comply with. This can lead to more firms entering the market, thus increasing competition. The reduction in regulations is the core aspect of deregulation, aiming to simplify the legal and operational environment for businesses. Improved ethics and Corporate Social Responsibility (CSR) are not direct features of market deregulation; these aspects depend more on individual corporate policies and broader societal and regulatory expectations.

Which of the Following Is a Feature of the Deregulation