Question

Evaluate Arguments Critics argue that

deregulation gives some companies too much
power and hurts competition. Evaluate that
argument, using airline deregulation as an
example.

Answer 1

Deregulation gives some companies too much power and hurts competition. This in turn decreases their competition and hurts the market as they establish monopolies.

Step-by-step explanation:

Answer 2

Deregulation gives some companies too much power and hurts competition.

Step-by-step explanation:

Deregulation is when the government removes the regulations on business and means of business that is carried out within their borders for all companies.

This only profits the companies that are big or hegemonic at the time of this law because they are much more prone to influence results and make business more suitable for themselves with the power they already wield by the virtue of being a big company.

This in turn decreases their competition and hurts the market as they establish monopolies.