Deadweight loss (DWL) government restrict market (monopoly) power.

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Deadweight loss (DWL) government restrict market (monopoly) power.

The market power leads to deadweight loss (DWL). Therefore, the government should always restrict market (monopoly) power. In addition, in order to be fair for every industry or market, the market power should be regulated to the same degree. Argue for or against this statement using both economic theory and real life examples.

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Deadweight loss (DWL) government restrict market (monopoly) power.

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