Research authoritative articles using the news and the

Assignment Help Business Economics

Reference no: EM13245796

Research authoritative articles using the news and the DeVry Online Library (https://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 , using correct economic terms. 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. Cite all your references in APA format.

Reference no: EM13245796

Questions Cloud

Explain nernst equation to calculate the expected potential : Use the Nernst equation to calculate the expected potential in the battery in parts 2(d) and 2(e) when the following concentrations are present: [Cr2O72?] = 3.7 x 10?3 M ; [Cr3+] = 0.0112 M

What would happen to total expenditures if tax frozen : In particular, the number of workers is rising slowly, while the number of retirees is rising quickly. Concerned about the future of Social Security, some members of Congress propose a "freeze" on the program.

Whats wrong with this way of thinking : What's wrong with this way of thinking? "When the government runs a budget deficit, it simply pays its bills by printing more money

Compute the equilibrium concentration of each ion : Lead(II) phosphate, Pb3(PO4)2 (s), is allowed to come to equilibrium with its ions in otherwise pure water. Ksp = 3.0 x 10?44. Calculate the equilibrium concentration of each ion.

Research authoritative articles using the news and the : Research authoritative articles using the news and the DeVry Online Library (http://library.devry.edu) for a recent case of antitrust investigation.

What is the optimal number of tv ads and magazine ads : What is the optimal number of TV ads and magazine ads What will be the minimum possible level of total expenditures on television and magazine ads necessary to successfully promote the GTS in Chicago

Relative to the npv if it proceeds today : Assuming that all cash flows are discounted at 10%, if NPC chooses to wait a year before proceeding, how much will this increase or decrease the project's expected NPV in today's dollars (i.e., at t = 0), relative to the NPV if it proceeds today?

What is the resistance at 20 degrees c : A copper wire with a cross sectional area of 3.00 mm^2 and a length of 2.00 m at 20.0 degrees C is connected to a 25.0 V battery, what is the resistance at 20.0 degrees C

The equation with phase changes for an electrochemical cell : Write a balanced equation with phase changes for an electrochemical cell that has a copper cathode immersed in a solution of cu+2 ions and a lead anode immersed in a solution of Pb+2 ions

User Account

All Pages