Examine measures the government might use to restrict the monopsony power of supermarkets.

The measures that government might use to restrict the monopoly power of supermarkets would be introducing competition policy like for instance introducing new entrant into the market so not only one firm dominates the market Also , another measure that the government could use to restrict monopsony is by introducing minimum pricing so that it ensures that fair prices are paid to suppliers and no monpsony power is applied to rip off suppliers

AK
Answered by Akrit K. Economics tutor

6883 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Evaluate policies the government can use to increase the rate of economic growth.


Describe the equilibrium point in the market


What is the difference between a perfectly competitive market and a monopoly market


How could I evaluate a government policy which uses subsidies for a certain industry?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2026 by IXL Learning