In both pure competition and oligopoly situations, the only sensible policy is meeting competition.

Name: In both pure competition and oligopoly situations, the only sensible policy is meeting competition.
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In pure competition, firms are price takers and have no market power. In oligopoly, firms have some market power, but they are still constrained by the actions of their rivals. In both cases, the only sensible policy is to meet competition, as any other policy will likely lead to lower profits.

In Both Pure Competition and Oligopoly Situations, the Only Sensible