antitrust laws
Research authoritative articles using the news and the DeVry Online Library (http://library.devry.edu) for a recent case of
antitrust investigation. You are free to choose a case from any industry and any
part of the world. Based on the case you have selected, answer the following
questions.
Why was/were the firm(s) investigated for antitrust
behavior?
Identify some of the costs (pecuniary and
nonpecuniary) associated with the antitrust behavior (firms having power in the
market). Additionally, note the specific antitrust act (Sherman Act, Clayton
Act, etc.) under which the violation was investigated.
Given your research and findings, are monopolies and
oligopolies (firms demonstrating power) always bad for society? Be sure to
provide real world examples of where this may be the case to strengthen your
position.
Provide at least one example of a case where having
a monopoly or oligopoly may actually benefit the society.
Based on your findings to the questions listed above,
write a report with a minimum of 300 words in essay format in
APA style (use the APA template in Doc Sharing), using correct
economic terms covered in the discussions. If you ONLY write 300 words, you
probably won’t be able to fully answer the questions.
Key concepts to include in your paper include the
following.
Monopoly Market Structure
Oligopoly Market Structure
Barriers to Entry Into the Market
Natural Monopoly
Government Monopoly
Downward Sloping Demand Curve
Economies of Scale
Price Fixing
Collusion
Monopoly Pricing
Price Maker
Market Power
Economic Profits
Imperfect Competition
Rent-Seeking Behavior
X-Inefficiency
Deadweight Loss to Society
Marginal Cost
Marginal Revenue
Antitrust
You must use at minimum at least one article from the
DeVry Online Library. Note: Although your textbook is a good source of
knowledge, it is NOT an article and cannot be the only
source for the assignment. Cite all your references in APA format. You
can use the Citations & Bibliography function of Microsoft Word, which is
found under the References tab.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more