In May 2017, The Weekend Australian reported that New Zealand's two largest newspaper networks would appeal a

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In May 2017, The Weekend Australian reported that New Zealand's two largest newspaper networks would appeal a decision by the country's Commerce Commission to block them from merging. The newspaper networks disagree that their merger would likely lessen competition for advertising and readers, saying that the Commission did not correctly account for other local or international providers of online news in New Zealand. The Commission did, however, accept that the merger would result in significant cost savings for the combined company over the next five years. Do you agree that a government may be less reluctant to prevent firms from merging the more firms there are in a market?

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Microeconomics

ISBN: 9781292215624

8th Global Edition

Authors: Jeffrey Perloff

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