Government and Product Markets: Antitrust and Regulation Graded Assignment Read

Question

Government and Product Markets: Antitrust and Regulation Graded Assignment Read Chapter 12 Back to Assignment Due Monday 11.06.17 at 1245 AM Attempts Average: 112 6. Network monopolies A lock-in effect the oosts of switching from one network good to t other network good. How do netwo nereasess helo a monooly retain its market power? decreases network externalities associated with a pood, other goods are poor substitutes for it Goods with network emalities are more likely to receive a Oovernment patent By explaitng network externalities, a fim can become a natural monapoly

Explanation / Answer

Increses, if a buyer will purchase it repeatedly and will findit costly to switch from one seller to another

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