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Becoming Quote by Margaret Hodge

“Government must guard against quasi-monopoly suppliers becoming too important to fail, and encourage competition through, for example, splitting up contracts to encourage (smaller businesses) to bid for work.” quote by Margaret Hodge
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“Government must guard against quasi-monopoly suppliers becoming too important to fail, and encourage competition through, for example, splitting up contracts to encourage (smaller businesses) to bid for work.”

Margaret Hodge

About This Quote

Source Parliamentary Debate: Competition Policy

Governments should prevent quasi‑monopolies by splitting contracts to enable smaller firms to compete.

In simple terms: Break up large contracts to foster competition.

Key Takeaway

Promote market diversity.

Themes

policy competition government regulation small business

Mood

concerned optimistic

Type

policy analytical

When to use this quote

  • public procurement
  • industry regulation
  • entrepreneurship

Key Concepts

antitrust market structure

Questions to Reflect On

  • How can smaller firms win bids?
  • What safeguards prevent collusion?
A Different Perspective

Complex contracts may still favor large firms.

3.1 out of 5 (3 ratings)

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