How does all of this affect market power and consumers

Reference no: EM133531379

Question: Consolidation was a topic in the monopoly discussions, but now let's talk about a specific industry. A number of large banks made big, stupid bets that interest rates would not rise. They trapped themselves into low interest assets, and are being bought up by rivals at the behest of the FDIC. How does all of this affect market power and consumers? How does this end?

Reference no: EM133531379

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