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Author Question: Why is a government franchise likely to serve as a stronger barrier to entry than possessing ... (Read 51 times)

dmcintosh

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on: Jun 29, 2018
Why is a government franchise likely to serve as a stronger barrier to entry than possessing technology than competitors don't currently posses?
 
  What will be an ideal response?

Question 2

A study by the economist, Rudiger Ahrend, found that the presence of corruption in a country does not affect the freedom of the press but having a free press greatly limits corruption.
 
  The study suggests that strengthening the freedom of the press is extremely important in fighting corruption. Why do you think this is the case? Explain your answer.


Silverbeard98

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Reply #1 on: Jun 29, 2018
Answer to Question 1

The reason is that government franchise can be enforced by law whereas competing firms can always develop new technologies that may make existing technologies obsolete and this can reduce whatever monopoly power was enjoyed by the firm in possession of the older technology.

Answer to Question 2

One of the most powerful tools that can be used to control corruption is access to information. A politician or a government that is concerned about how citizens vote in an election will also be concerned about how much information the electorate has about its actions. One of the many roles of free media is to act as a conduit for this type of information. A press that is not controlled by the government can affect political views and voting behavior not only by uncovering corruption, but also by informing voters with news and commentary. In this sense, a free press acts like a watchdog over politicians' actions.
Adapted from http://www.lacea.org/meeting2000/RudigerAhrend.pdf
A-head: CONTROLLING POLITICIANS
Concept: Real-world scenario


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dmcintosh

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Reply #2 on: Jun 29, 2018
Thank you


Silverbeard98

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Reply #3 on: Jun 29, 2018
No problemo


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