3 In A 1956 Antitrust Case Against Dupont The Justice Department Argued That The Fir 1551111

3. In a 1956 antitrust case against DuPont, the Justice Department argued that the firm held a near monopoly in the cellophane market. Dupont argued that the definition of the market should be changed to include all wrapping paper. Why is this issue of market definition important? (DuPont’s position prevailed).

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