Author Question: What makes Broadway and London's West End unique? What will be an ideal response? (Read 89 times)

ssal · **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?

ErinKing · **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.