7.1k views
3 votes
Government regulations that prevent two firms from merging to become a monopoly address which type of market failure?

Market power
positive externality
private good
negative externality
imperfect information

User TheGeekZn
by
3.4k points

1 Answer

3 votes
Market power because it is the ability of a firm to set on price of goods ( when both firms merges to have power over market
User Bakamike
by
3.9k points