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Assignment:
The purpose of this research paper is to examine the history of anti-trust law and discuss market concentration in the United States economy. The paper should discuss the following main prompts at a minimum.
1. Major anti-trust laws passed and their main points.
2. How markets become more concentrated (types of mergers)
3. How market concentration is measured and the trends in concentration since the 1990s
4. What the consumer welfare standard of anti-trust is and its evolution
5. What are the implications for employees and consumers when markets become highly concentrated.
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