For years, Invisalign faced no direct competitors and was an industry leader within its niche in the

Question:

For years, Invisalign faced no direct competitors and was an industry leader within its niche in the orthodontics appliances market, earning $416 million profit in 2020.

Invisalign pioneered the creation of clear dental trays that straighten teeth without the use of metal braces. What type of government policy fostered Invisalign’s innovation and provided protection from competition? Why does the government provide protection to companies like Invisalign who can dominate a market? What do you expect to happen when the government protection expires?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Macroeconomics

ISBN: 9781982166649

1st Canadian Edition

Authors: Betsey Stevenson, Justin Wolfers, Philip Oreopoulos, Kevin Milligan

Question Posted: