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Fair Play in Business: Competition Laws
Economics · JC 2 · Firms and Market Structure · Semester 1

Fair Play in Business: Competition Laws

Students will explore why governments have laws to ensure fair competition among businesses and prevent companies from becoming too powerful or colluding.

MOE Syllabus OutcomesMOE: Role of Government - Middle School

About This Topic

Students will explore why governments have laws to ensure fair competition among businesses and prevent companies from becoming too powerful or colluding.

Key Questions

  1. Why is it important for businesses to compete fairly?
  2. What happens if companies secretly agree to fix prices?
  3. How do laws help protect consumers and smaller businesses from unfair practices?

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Edited by Adriana Perusin, Editor-in-Chief, Flip Education