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Business journalists frequently write that the financial markets expect that firms that possess market power (e.g., firms that have prominent brand names) will raise their

Business journalists frequently write that the financial markets expect that firms that possess market power (e.g., firms that have prominent brand names) will raise their prices on a regular (e.g., annual) basis. Is this a correct characterization of the pricing behavior of firms with market power (e.g., firms that are monopolies)

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