Law, Business and Society 11th Edition by Tony McAdams

تمرين 27

Antitrust authorities must address a critical and empirically difficult policy problem: Does seller concentration in a market ordinarily result in increased prices That is, in a particular market, are fewer firms with larger shares likely to produce higher prices than would be the case with a more fragmented market Free market theorists are generally untroubled by concentration. What do you think Explain.