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Economic theory states that in situations of few well established enterprises, competition and consumer welfare is usually affected. The reduction in competition among other things results into consumers facing poorer service, and higher prices of goods and services. A number of studies in the...

Economic theory states that in situations of few well established enterprises,competition and consumer welfare is usually affected. The reduction in competition among other things results into consumers facing poorer service, and higher prices of goods and services. A number of studies in the...