Which of the following statements is most correct with respect to government in its role as regulator?
A business complains that the Competition Bureau is too slow in approving or denying merger plans.
The government really has very little power in its role as regulator.
Because of the move toward deregulation, federal and provincial governments have become less and less involved in regulating business activity.
The main areas of government regulation of business are achieving social goals, protecting consumers, and providing assistance to small business firms.
Studies have shown that government regulation reduces the effectiveness of business firms.

Question

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The Answer of Which of the following statements is most correct with respect to government in its role as regulator?
A business complains that the Competition Bureau is too slow in approving or denying merger plans.
The government really has very little power in its role as regulator.
Because of the move toward deregulation, federal and provincial governments have become less and less involved in regulating business activity.
The main areas of government regulation of business are achieving social goals, protecting consumers, and providing assistance to small business firms.
Studies have shown that government regulation reduces the effectiveness of business firms.

Which of the Following Statements Is Most Correct with Respect