Market concentration benefit consumers

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The beer industry of the United States is separated into two main strategic groups that are Anheuser-Busch and MillerCoors. These two big companies enjoy 50 percent and 29 percent of the market share, correspondingly. And the major brewers' primary products are made of premium and sub-premium beer.

1. How might market concentration benefit consumers? How might it hurt consumers?

2. Should government regulators do more to limit concentration? Why don't they?

Reference no: EM131714004

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