Answer: The competition policy helps in development of the competition in the authority.
Step-by-step explanation:
In consumer market competition exists between the producers. The main role of the competition policy is to promote competition in the market. It helps multiple businesses or individuals to utilize their resources efficiently and produce products at best quality and at cheapest prices. It allows the consumers to compare and purchase the better deal. It helps in starting of new businesses and also helps in increase in total production output. It is the result of the natural economic growth.