1.7. In 1969 the government charged IBM with monopolizing the computer market. The government argued (correctly) that...

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1.7. In 1969 the government charged IBM with monopolizing the computer market. The government argued (correctly) that a large share of all mainframe computers sold in the United States were produced by IBM. IBM argued (correctly) that a much smaller share of the market for all types of computers consisted of IBM products. Based on these facts, do you think that the government should have brought suit against IBM for violating the antitrust laws?

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Principles Of Economics

ISBN: 9780324168624

3rd Edition

Authors: N. Gregory Mankiw

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