Answer to Question #127798 in Microeconomics for Tshwanelo

Question #127798
How can government prevent abuse of oligopoly market power in the cinema industry
1
Expert's answer
2020-07-28T15:00:27-0400

A government can introduce anti-trust laws i.e

Price-fixing conspiracies so as to prevent cinemas from repressing consumer choices and price gouging.


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