Practice question
A substitute service is technologically possible but customers need expensive incompatible equipment and months of conversion before using it. Should an analyst treat technological possibility alone as decisive inclusion?
- Yes, possibility alone is conclusive
- Yes, all services are one market
- Only if both firms prefer it
- No market analysis is possible
- No; availability, substitution time, cost and actual switching possibilities must also be assessed
Legal references
- RA 10667, Philippine Competition Act, Sections 4, 14-15 and 24-27: https://lawphil.net/statutes/repacts/ra2015/ra_10667_2015.html
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