What are the implications for the regulatory authorities of the existence of contestable markets?

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Air Transport Economics

ISBN: 9781032482538

4th Edition

Authors: Bijan Vasigh, Brian Pearce

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Question Posted: Feb 02, 2024 02:05 AM

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What are the implications for the regulatory authorities of the existence of contestable markets?

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Contestable markets are markets that have easy entry and exit but do not necessarily have many firms participating in them This suggests that even a s...View the full answer

Air Transport Economics

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