Question: A consolidated industry turns into a fragmented industry when Multiple Choice 1 points 0 1 : 2 4 : 4 4 firms reduce competition within

A consolidated industry turns into a fragmented industry when
Multiple Choice
1
points
01:24:44
firms reduce competition within the industry through mergers and acquisitions.
restrictive government policies are introduced in the industry.
network effects enjoyed by incumbent firms within the industry become stronger.
technological advances lead to industry convergence.
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A consolidated industry turns into a fragmented

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