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summarise in an easy to understand to not loose meaning the following The Structure-Conduct-Performance (SCP) model is an alternative to Porter's generic theory because it

summarise in an easy to understand to not loose meaning the following The Structure-Conduct-Performance (SCP) model is an alternative to Porter's generic theory because it relies heavily on empirical evidence, analyzes the structure, conduct, and performance of industries, focuses on market power, and offers more flexibility in its approach. Unlike Porter's theory, which is more theoretical and strategic, the SCP paradigm provides a detailed understanding of market dynamics based on real

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