Answer the question on the basis of the following table showing market shares of firms in hypothetical industries.Assume these are distinct industries with no buyer-seller relationships or competition among them. $\begin{array}{c}
&&\text { Market Share of Firms in Industry }
\end{array}$
$\begin{array}{c}
\begin{array}{lll}
\
Industry\
Alpha\
Beta\
Cappa\
Delta\
\end{array}
\begin{array}{lll}
\
1&2&3&4&5&6\
30&30&20&20&--&--\
80&10&5&3&1&1\
25&25&25&25&--&--\
20&20&20&20&10&10
\end{array}
\end{array}$ Refer to the table.A structuralist would most likely assert that there is a violation of antitrust law in which industry?
A) Alpha.
B) Beta.
C) Cappa.
D) Delta.

Question

Quizplus · Accepted Answer

In Beta industry, one firm holds a market share of 80%, which indicates a high level of market concentration. This violates antitrust laws, which seek to promote competition and prevent monopoly power.

Answer the Question on the Basis of the Following Table Market Share of Firms in Industry \begin{array}{c}&&\text { Market Share of Firms in Industry }\end{array}​​ Market Share of Firms in Industry ​

Answer the Question on the Basis of the Following Table $\begin{array}{c}&&\text { Market Share of Firms in Industry }\end{array}$