Question: Millcorp sells wetsuits for deep sea divers. It recently engineered a new material for its wetsuits to better hold in the wearer's body heat. After
Millcorp sells wetsuits for deep sea divers. It recently engineered a new material for its wetsuits to better hold in the wearer's body heat. After a close encounter with a shark, a customer discovers that the new material protects against shark bites an unintended benefit that Millcorp was not aware of Soon after, Millcorp's sales explode and it achieves market share in diver wetsuits. Which of the following best describes this situation?
Millcorp can likely be found guilty of pursuing monopoly power.
Milhorp does not have a monopoly.
Millcorp has a lawful natural monopoly
Millcorp has a lawful innocent acquisition of a monopoly.
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