Question

Please give a detailed answer: Do you believe that currently there is enough regulation and safeguards...

Please give a detailed answer:

Do you believe that currently there is enough regulation and safeguards in place to ensure a level and fair playing field for all businesses in today’s economy? Make sure to provide references to support your opinion.

Please provide a real-world business example that shows this happening and reinforces your points of view.

Homework Answers

Answer #1

No there isn't any sufficient regulation and safeguards in place to ensure a level and fair playing field for all businesses where certain companies are taking the full advantage of near monopolies to become actual monopolies through numerous ways including disclosure of secrets as in case of Google where it was fined by EU by a huge some of £2.4 billion.

Reference https://www.google.co.in/amp/s/amp.theguardian.com/technology/2017/sep/11/google-appeals-eu-fine-search-engine-results-shopping-service

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