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The entry of new competitors operates as a balancing force against high levels of industrial concentration and the abuse of dominant position by firms with large market shares. Entry increases supply, lowers prices, intensifies innovation and brings equilibrium to the markets that don't operate...
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The goal of the current article is to explore structural problems of the Greek economy and make policy recommendations. Greece is currently faced with large macroeconomic problems as a shrinking GDP, budget deficits, large accumulated national debt, high employment, poverty and a business sector...
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