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For each of the following, identify the market structure in which the firm operates While Google is the clear market leader in Western countries, the
For each of the following,identify the market structurein which the firm operates
While Google is the clear market leader in Western countries, the market share for online search in countries such as Japan is less concentrated.In Japan, Google accounts for only 24.6% of the market share for online search while Baidu accounts for over 70% of the market share. Therefore the online market structure for online search in Japan is best described as ___________________.
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