Unit 1: Actions to reduce excessive alcohol negative externalities

According to the BBC, new laws are coming in to effect in Scotland to reduce excessive alcohol negative externalities

http://news.bbc.co.uk/1/hi/scotland/8229188.stm

and in England and Wales, alohol asbos

http://news.bbc.co.uk/1/hi/uk/8230052.stm

a) What are the negative externalities associated with excessive alcohol consumption?
b) How does the free market fail?
c) What laws/regulations are coming in to effect in Scotland to reduce excessive alcohol negative externalities?
d) What laws/regulations are coming in to effect in England and Wales to reduce excessive alcohol negative externalities?
e) To what extent do you think the new laws will be successful in reducing the market failure?