By nearly all indicators employed by industrial-organization economists to measure market structure, company conduct, and social performance, the ready-to-eat cereals industry ranks at the extreme end of the range of food industries. As the quintessential shared monopoly, renewed attention by the antitrust agencies might yield economic benefits for consumers. [EconLit cites: L100, L410, L660]
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John M. Connor (1999) studied this question.
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