... businesses (including professions such as law). It includes anti competitive behaviour, such as the deregulating of domestic aviation that allowed Virgin to compete with Qantas. Most national monopolies such as electricity and telecommunications were also opened up to competition (eg. Optus competing with Telstra). This ultimately led to a general drop in prices and a more efficient market. It has been and is ... ...

• Word Count: 1779
• Approx Pages: 7
• Grade Level: Undergraduate