Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 19 - Antitrust Policy and Regulation - Discussion Questions - Page 444: 5

Answer

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Work Step by Step

Mergers should be allowed only when they do not cause monopolies and when they do not invade the whole means of production. (Some businesses would drive their competitors out of business by gaining control over the entire production process, including the purchase of raw materials.)
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