Do Businesses Have Market Power?

Betse, justin: Businesses who have market power can charge a price that's higher than their marginal cost. They'll devise all sorts of marketing strategies to make you think that pepsy is really different from coke. So competition is good for society, but business es try to destroy competition. Betse and Juston: Are businesses lobbying for changes that are pro market or for change that are pro business? It's time to think like an economist.