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2.4. Recently Ted Co Ltd. wanted to merge with a competitor called Shawn's Company. In order to allow the merger, the government demanded the creation
2.4. Recently Ted Co Ltd. wanted to merge with a competitor called Shawn's Company. In order to allow the merger, the government demanded the creation of a new, low-cost telecom company called Free Mobility. How might this affect the own-price elasticity for Ted Co Ltd.'s cellphone plans? Why might the government demand this? 3
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