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by ThatPlayer
201 days ago
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> Courts do not require a literal monopoly before applying rules for single firm conduct; that term is used as shorthand for a firm with significant and durable market power — that is, the long term ability to raise price or exclude competitors. That is how that term is used here: a "monopolist" is a firm with significant and durable market power. https://www.ftc.gov/advice-guidance/competition-guidance/gui... |
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