In the long run, interconnection creates a less competitive environment that leads firms to raise prices.

Name: In the long run, interconnection creates a less competitive environment that leads firms to raise prices.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

Interconnection, especially in networks and digital markets, often leads to increased competition as it allows more firms to participate in the market, fostering innovation and potentially leading to lower prices for consumers.

In the Long Run, Interconnection Creates a Less Competitive Environment