European nations are currently deregulating many markets. They are expecting

Question

Quizplus · Accepted Answer

Deregulating markets is likely to increase competition, which would drive down prices as firms seek to attract customers by lowering their prices. Additionally, deregulation could also potentially reduce the costs of production for firms, allowing them to pass on those savings to consumers in the form of lower prices. Therefore, the price of goods sold in these markets is more likely to decrease than either increase or stay the same.

European Nations Are Currently Deregulating Many Markets