Question: If competing enterprises combine and integrate effectively into a corporate portfolio, external competition decreases. Buyers probably do not benefit from the lower prices that could
If competing enterprises combine and integrate effectively into a corporate portfolio, external competition decreases. Buyers probably do not benefit from the lower prices that could result if internal scale and scope economies are achieved. So is there a public interest argument for legislation that mandates price reductions achieved via acquisitive diversifications? Discuss the merits of this claim.
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