A firm charged with monopolizing a market is less likely to be convicted if
A) the court accepts a broad definition of the market.
B) the court accepts a narrow definition of the market.
C) it has gained its monopoly through abusive means.
D) it sells its product to other firms, rather than directly to consumers.

Question

Quizplus · Accepted Answer

A broad definition of the market makes it more difficult to prove that the firm has monopoly power, as it implies more competition and substitutes are available.

A Firm Charged with Monopolizing a Market Is Less Likely