Suppose there are some industries in which the compet- itive equilibrium does not exist (the core does
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Suppose there are some industries in which the compet- itive equilibrium does not exist (the core does not ex- ist-see www.awlonline.com/carlton_perloff "Theory of the Core"). Should firms in these industries be al- lowed to collude under the antitrust laws?
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Related Book For 
Modern Industrial Organization
ISBN: 9780321011459
3rd Edition
Authors: Dennis W. Carlton, Jeffrey M. Perloff
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