DISCUSSION QUESTIONS
  1. Explain how a monopoly comes into existence. What are the effects of monopoly on corporate governance?
  2. What is competition? What are the benefits competition confers on consumers and the larger society?
  3. If competition is beneficial to consumers and the society at large, why is there a need to regulate competition?
  4. Discuss the constraints that restrain competition in developing countries.
  5. Explain briefly the benefits of competition to different stakeholders in society.
  6. Discuss the salient features that should be incorporated in a good competition policy.

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