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1. What is identity domain perspective of competition? Can firms benefit if they compete based on identity domain. Explain your perspective with at least one

1. What is identity domain perspective of competition? Can firms benefit if they compete based on identity domain. Explain your perspective with at least one example.

2. Following Herfendjhal aspect of competition duopoly markets are less competitive and have more chances of collusion. Do you agree? Which theory counteracts this assertion about duopoly/ oligopoly markets.

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