The industries to raise prices substantially

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There are some economists that defend the notion that government works against competition within certain industries and as a result, the industry becomes less competitive AND much more smaller. For example, the government may put up new regulations, restrict 'purchase' of market share or international policies which make it difficult for the companies within the industries to 'raise' prices substantially.? Do you agree with this notion? And, if so, which industry falls into this category?

Reference no: EM131101653

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