How is market power best measured

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Questions -

Q1. How important to economic growth is the constraint of market power through antitrust legislation? How much market power is too much for a firm to enjoy? How is market power best measured?

Q2. Read the March/April 2016 article in Foreign Affairs by Lawrence Summers entitled "The Age of Secular Stagnation: What It Is and What Can We Do About It?"

Note - One page is enough, it is a straight forward answer. References is NOT mandatory.

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The requirement is to answer 3 questions on market power. It is about antitrust legislation, too much market power and measurement. References and citations are added.

Reference no: EM132321034

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