Unit 3: Monopoly and regulation - Google

Thanks to Safiyah for this excellent post on monopoly and regulation. Click here for the article from the Economist. It highlights many issues, such as contestability, barriers to entry, restrictive practices, government regulation, on line vs off line......fantastic stuff.

We will discuss this on Sunday/Monday....be ready!

Questions I will be asking will be:

How contestable is this market?
Should the EU be regulating all online monopolies?
How could they regulate them?
What will be the impact on the customer?