For years, Invisalign faced no direct competitors and was an industry leader within its niche in the

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For years, Invisalign faced no direct competitors and was an industry leader within its niche in the orthodontics appliances market, earning $231 million in profit in 2017. Invisalign pioneered the creation of clear dental trays that straighten teeth without the use of metal braces. What type of government policy fostered Invisalign’s innovation and provided protection from competition? Why does the government provide protection to companies like Invisalign who can dominate a market? What do you expect to happen when the government protection expires?

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Principles Of Economics

ISBN: 9781319330156,9781319419769

2nd Edition

Authors: Betsey Stevenson, Justin Wolfers

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