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If several different sovereign nations form a cartel within the energy industry such that the four-firm concentration ratio is 0.90, does the concentration ratio necessarily represents the relevant market and should this be considered a violation of the anti-trust laws of sovereign nations that are not part of the cartel? Are there any market forces that will eventually cause the cartel to collapse?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91385428

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