If a market is defined more broadly, then the chances that firms in that market will be found to be violating antitrust laws based on having a monopoly structure will increase.

Question

Quizplus · Accepted Answer

Defining a market more broadly usually includes more competitors within the market definition, which decreases the likelihood that any single firm will be found to have a monopoly structure in violation of antitrust laws.

If a Market Is Defined More Broadly, Then the Chances