If a company has "market power," it means that the company is powerful enough to
a. eliminate competitors and to impose conditions on consumers rather than catering to consumer demand.
b. dictate the laws passed by Congress that regulate its industry.
c. determine which candidates win elections and which do not.
d. receive an official designation as "too big to fail" from the federal government.
Answer: a. eliminate competitors and to impose conditions on consumers rather than catering to consumer demand.
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