. Section 1 describes the approaches used by several countries to introduce tetail competition. Section 2 describes the forces … that are pushing consumer choice and retail competition. Section 3 discusses the features of a general model for retail … competition. Section 4 discusses different proposals for introducing consumer choice. Section 5 evaluates the retail competition …

invites students to take ownership over a current issue while developing a deep understanding of monopolies. By using Smith …'s criticisms of monopolies, students will also see that economic 'truths' are complicated, even in the classic 'laissez-faire' text. …

, estimating the costs and benefits of breaking up monopolies. The results of the analysis suggest that the most cost effective …

both on private sector participation for enhancing internal efficiency and competition for increasing consumer welfare … private participation prevails, with competition and regulation playing complementary roles. However, even though competition … context of an increasingly global economy, without the appropriate legislation geared at promoting competition and restraining …