Economist Robert Crandall and Clifford Winston ask, “ Would consumer welfare seriously
be threatened if Ford? and General Motors merged?” In 1960, together they would have had almost 75% of the automobiles- truck market, but today they only a third of the market. How would you answer their question if this was 1960? Today?
be threatened if Ford? and General Motors merged?” In 1960, together they would have had almost 75% of the automobiles- truck market, but today they only a third of the market. How would you answer their question if this was 1960? Today?