Who will help balance efficiency and equity?

I applaud for his analysis of market power and regulation: regarding monopolies, preventing abuse of market power and incentivising competition among oligopolies.

It prods worldwide governments be more responsible in regulating about business of giant companies which have dominated the many markets in order to establish the equity for smaller companies able to compete, and consumers would get goods and services in fair prices.

However, it is not easy to do so in the market system due to be the trade off issue. Giant companies usually claim that they come in the right track with huge investment in technology and innovation that making them able to efficiently create advantages and competitiveness. Competitors must develop themselves and consumers must accept the price maker. 

In addition to rational regulating of government, perhaps consciousness and ethics of giant companies should be considerable for balancing between efficiency and equity if global society need this all together.

Sutipunt Bongsununt

Kanchanaburi