Assess the view that the market structure

Reference no: EM133334943

Assignment:

Extract C (lines 1-3) states: 'The market for most generic drugs is oligopolistic, with just two or three manufacturers making each product. This enables significant economies of scale within firms, but also presents the risk of consumer interests being harmed.' Using the extracts and your knowledge of economics, assess the view that the market structure of the pharmaceutical industry is damaging for consumers.

Reference no: EM133334943

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