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Consider the issues of regulation and antitrust activity as may relate to your industry. Identify one prominent government regulation or antitrust issue that relates specifically to your industry. Try to select one that is as recent or notable as possible. Do not use international trade regulations here.
1. Explain what the specific issue is and what the specific regulation or antitrust action is. What is the interest of society that the government is intending to serve by this law, action or regulation?
2. What has been the economic impact to the industry because of this regulation or antitrust action? Give specific with example(s)
3. What has been the response of the industry to the regulation or antitrust action, as well as to the issue overall? Consider both immediate responses and longer run strategic responses.
4.What regulation or antitrust action may be facing your industry in the next 3-5 years and what effects is this likely to have on your industry? Be specific in relating this to demand and supply.
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