Is the definition of markets static

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Antitrust law looks at market definition to determine if there is a monopoly or if a merger should be allowed. Why? Is the definition of markets static? Can you give an example of a market that has changed over recent years that would impact a legal analysis as to whether a company has a monopoly or should be allowed to buy a competitor?

Reference no: EM132169706

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Is the definition of markets static : Antitrust law looks at market definition to determine if there is a monopoly or if a merger should be allowed. Why? Is the definition of markets static?

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