Government influence on businesses

Government influence on businesses

1. Consumer protection

   • Increasing prices
     • Restricitng consumer choice
     • Raising barriers to entry
     • Market sharing

2. Consumer issues covered by legislation

   • Prices
   • The Information about products
   • The safety of the product
   • The way products are promoted
   • Quality
   • Trading and age restrictions
   • Consumer rights

3. Competition policy

   • Encourage the growth of small firms
   • Lower barriers to entry
   • Introduce anti-competition legislation

4. Legislation

   • Health and safety legislation
   • Employment legislation
   • Environmental legislation and other controls
   • Taxes and subsidies

5. Government influence on business objective