Suppose that a business has developed a very high quality product and operates more efficiently in producing

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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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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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