Multiple Choice
In the past, the Department of Transportation allowed airline mergers that gave the merged airlines market shares of 79 and 82 percent, respectively, in their hub cities.The concept the DOT used to allow mergers where there was obvious concentration was most likely
A) the good trust principle.
B) contestability.
C) the efficient market principle.
D) the monopolistic competition principle.
Correct Answer:
Verified
Correct Answer:
Verified
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