As a general rule, antitrust authorities refer to any firm with a market share above_______ percent as a monopoly even though it is technically a dominant firm.
A)66
B)50
C)95
D)75

Question

Quizplus · Accepted Answer

Antitrust authorities refer to any firm with a market share above 75 percent as a monopoly even though it is technically a dominant firm. This is because a market share above 75 percent is considered to be large enough to allow the firm to have significant market power and potentially harm competition.

As a General Rule, Antitrust Authorities Refer to Any Firm