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Why do various Internet products generate significant amounts of consumer surplus for Americans? Americans would be willing to pay much more than they are actually
Why do various Internet products generate significant amounts of consumer surplus for Americans? Americans would be willing to pay much more than they are actually charged for the services Internet products provide. Internet product prices are held artificially low by antitrust regulations. Prices of Internet products are above equilibrium market prices, causing there to be excess supply in the market. Antitrust regulators have broken up the larger Internet businesses to ensure lower prices
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