Regulation to prevent firms from exploiting their access to essential facilities is always better than the alternative of no regulation.

Question

Quizplus · Accepted Answer

Regulation to prevent firms from exploiting their access to essential facilities can be beneficial in maintaining fair competition and protecting consumers. However, it's not always better than no regulation, as overly stringent or poorly designed regulations can stifle innovation, reduce efficiency, and create barriers to entry for new competitors. The effectiveness of such regulation depends on the specific market conditions and the regulatory framework's design.

Regulation to Prevent Firms from Exploiting Their Access to Essential