Suppose that a business has developed a very high-quality, Ask an Expert

Economics

Suppose that a business has developed a very high-quality product and operates more efficiently in producing that product than any other potential competitor. As a consequence, at present it is the only seller of this product, for which there are few close substitutes.

Is this firm in violation of U.S. antitrust laws? Explain.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9489178

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