Monday 28 July 2014

Government to attack "monopolies"

Certain professions and trades are protected by law or regulations which according to a report by the Inspection des Finances give them a monopoly which is against the public interest. For example pharmacies are the only places where you can buy non-prescription items such as cough medicines and aspirins. The result is higher prices for the consumer. The same with taxis, ambulances, driving schools etc. The report recommends the government to make it easier to offer these services to introduce more competition and lower prices.
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