What are some of the benefits and drawbacks of deregulation?
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Studied at the University of Oxford, Lives in Oxford, UK.
Deregulation has many advantages, which vary by industry. Some of the main advantages are: It generally lowers barriers to entry into industries, which assists with improving innovation, entrepreneurship, competition, and efficiency; this leads to lower prices for customers and improved quality.
2023-06-17 15:58:27
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Isabella Lewis
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Deregulation has many advantages, which vary by industry. Some of the main advantages are: It generally lowers barriers to entry into industries, which assists with improving innovation, entrepreneurship, competition, and efficiency; this leads to lower prices for customers and improved quality.