In _____ market, mergers could be allowed that otherwise would not be allowed because entry is easy.
A) a monopoly
B) an oligopoly
C) a contestable
D) a duopoly

Question

Quizplus · Accepted Answer

In a contestable market, mergers might be permitted that wouldn't be allowed in more restrictive markets because the ease of entry for new competitors ensures that the merged entity cannot easily exercise market power to the detriment of consumers.

In _____ Market, Mergers Could Be Allowed That Otherwise Would