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1. 1.1. Define and explain market concentration. 1.2. Discuss the theoretical basis for interest in concentration levels. (13 marks) (6 marks) 1.3. Does empirical evidence

1. 1.1. Define and explain market concentration. 1.2. Discuss the theoretical basis for interest in concentration levels. (13 marks) (6 marks) 1.3. Does empirical evidence show a clear relationship between concentration levels and industry performance? (6 marks)

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