Explain the difference between competition in the market and competition for the market. What impact does each

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Explain the difference between competition “in the market” and competition “for the market.” What impact does each kind of competition have on prices and output in a market? Is one better than the other? How does the distinction make the application of antitrust laws more complicated?
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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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