A common demerit of deregulation in public corporations is

Source: JAMB · 2024

A common demerit of deregulation in public corporations is

  1. Monopolistic practices ✓
  2. Decreased consumer choices
  3. Enhanced innovation
  4. Improved service delivery
Explanation

When government removes regulations, big companies can take over and eliminate competition.

Without rules, a few large companies may dominate markets and set unfair prices.

Deregulation can help or hurt consumers depending on how it is implemented.

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