How can they be for competition and against it at the same

Assignment Help Business Economics
Reference no: EM132503123

Explain and discuss the following quote:

"Politicians can be strange. They have been calling for the breakup of firms as diverse as energy companies and tech giants like Microsoft and Google because they believe these companies are 'harming competition,' but then they declare they are against outfits like Uber competing with taxi companies and Airbnb competing with established hotels, despite the fact that both Uber and Airbnb both enhance competition in their industries. How can they be for competition and against it at the same time?" Explain.

Reference no: EM132503123

Questions Cloud

Find the total cost or revenue function : Find the total cost or revenue function for the following: MR = Qv( 2 +1)
Compute by how much could barons sales increase : Find How much could Baron's sales increase before it is required to increase its fixed assets? fixed assets that were used at 65% of capacity last year.
Telecommunications regulatory authority : The Telecommunications Regulatory Authority (TRA) is the UAE's independent industry regulator. Since its launch in 1976, Etisalat has held a monopoly
Summarize the major characteristics of the emerging : Apply your understanding and concepts from microeconomics, to investigate and summarize the major characteristics of the emerging market form in the telecom ind
How can they be for competition and against it at the same : Politicians can be strange. They have been calling for the breakup of firms as diverse as energy companies and tech giants like Microsoft and Google
Compute what is the afn for the coming year : In your internship with Lewis, Lee, & Taylor Inc. you have been asked Based on the AFN equation, what is the AFN for the coming year?
Distribution of income among various population : A, distribution of income among various population groups followed roughly the same patterns in the USA, Sweden, and the former Soviet Union, despite
Show the possible p-q suggestions : Show the possible P-Q suggestions you would make to satisfy each of these three scenarios on a single diagram depicting their demand and cost curve (s).
Determine what is the afn for the coming year : Determine what is the AFN for the coming year? The firm is operating at full capacity. Data for use in your forecast are shown below.

Reviews

Write a Review

Business Economics Questions & Answers

  Tree plantings and other beautification features

A proposal has been made for improving the downtown area of a small town. The plan calls for banning vehicular traffic on the main street and turning this street into a pedestrian mall with tree plantings and other beautification features.

  The dentist mark up her price over marginal cost

A local dentist read an article published by the American Dental Association estimating that the elasticity of demand for the representative dentist's services is -2.5. How much should the dentist mark up her price over marginal cost?

  Trends in the global economy

What is "The Global Marketplace Trend"? and Explaining how the trend affects Canada? include discussion of international trade.

  Tightness of the labour market

Assess the following statements S1 and S2. Are they both true, both false or is only one true? Justify your answer.

  What effective annual rate of return-interpolation

Over a period of two years, you made 24 monthly purchases of a stock. You paid $500 for the first month, and increased by $10 per month thereafter. At the end of the two years, you sold all the stock for a total of $18,000. What effective annual rate..

  Govern the arbitration of grievances

Discuss the five principles that govern the arbitration of grievances under collective bargaining

  Describe the substitution and scale effects

Suppose Oregon proposes indexing the minimum wage to inflation. Describe the substitution and scale effects you anticipate with this policy?

  In preparing the actual forecast numbers

In preparing the actual forecast numbers, the forecast staff should

  Illustrate what amount could checking account deposits

If the required reserve ratio ia 10 percent, up to illustrate what amount could checking account deposits in the banking system as a whole drop.

  Illustrates the first experimental principle

Explain what happens to observed prices in posted offer and double auction markets as the number of sellers drop. Explain what happens in these two markets as the number of sellers drops to only one seller. Explain why part llustrates the first exper..

  Pondering taking the same class

Discuss how you would explain what this class was about to a friend of yours pondering taking the same class.

  Strategy for persuasive writing

The three Cs in the 3C strategy for persuasive writing are

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd