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Can a monopoly be good for society

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Reference no: EM132356816

1. Can a monopoly be good for society? Please explain and provide examples

2. Many years ago "Ma Bell" was split into what was called "Baby Bells". Over the past several years, those "Baby Bells" have been taking over other communication companies. Should consumers be concerned about a lack of competition with these mergers? Please explain.

3. Can a lone day trader compete with institutional investors? Please explain.

4. In October 1987, what has been called Black Monday took place. A few years ago, another economic crisis took place. In the almost thirty years that separated these events, did our government's regulations work?

Reference no: EM132356816

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