DOMINANT FIRMS
Across
- 2. when a firm has over a quarter of the market
- 5. this legally protects new products, inventions and processes from being copied
- 6. social costs which can be good or bad
- 7. this could be reduced by dominant firms providing less choice and higher prices (8,7)
- 9. size of a firms presence (6,5)
Down
- 1. a few dominant players
- 3. these stop new entrants to the market (8,2,5)
- 4. imposed for abuses of power by firms
- 8. governments want to increase this and powerful firms seek to reduce it
- 10. this body try's to control natural monopoly's and markets with few competitors