Explain the values that are provided by competition itself
Discuss three leading families whose wealth arose at least partly from monopoly. Is their wealth still important? Discuss the values that are provided by competition itself.
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What evidence helps you to make these judgements? Explain the replacement effect, which may cause monopoly firms to innovate less rapidly.
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At the last minute, the seller has backed out of the deal, leaving you with few options. Your supervisor wants to explore the options for remedies in this case. What remedies would be available given the type of transaction and outcome at stake?
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