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Author Question: What makes Broadway and London's West End unique? What will be an ideal response? (Read 79 times)

ssal

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on: Sep 11, 2019

Question 1

On what grounds do governments oppose mergers?
 
  What will be an ideal response?

Question 2

What makes Broadway and London's West End unique?
 
  What will be an ideal response?


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ErinKing

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Reply #1 on: Sep 11, 2019

Answer 1

Governments oppose mergers when the proposed combination obtains a market share that gives it inordinate or monopoly-like pricing power. Such power can be harmful to consumers if prices are raised above those that would be determined by competitive market forces.

Answer 2

Both Broadway in New York City and the West End area in London contain the largest concentration of theater attractions in the world in a relatively small area.


ssal

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Reply 2 on: Sep 11, 2019
YES! Correct, THANKS for helping me on my review

essyface1

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Reply 3 on: Yesterday
Excellent

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