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A firm producing cement has lobbied a local government for legislation giving it exclusive local rights to mix cement and has transferred some of the

A firm producing cement has lobbied a local government for legislation giving it exclusive local rights to mix cement and has transferred some of the profits to the legislators who have the power to erect entry barriers. This behavior is known as

q,

strategic bundling

contestable market

Preemptive entry

rent

-

seeking behavior

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