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Which of the following is not a legitimate defense against a claim of exercise of monopoly power? The business has power based on a natural
Which of the following is not a legitimate defense against a claim of exercise of monopoly power?
- The business has power based on a natural monopoly.
- The business has 70 percent share of the relevant market.
- The business acquired the monopoly innocently, as an unintended consequence of another purpose.
- The business gained dominance on the strength of a superior product.
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