Why was the firm investigated for antitrust behavior

Assignment Help Microeconomics

Reference no: EM13743432

Antitrust Practices and Market Power

Research authoritative articles using the news and the Online Library 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 (use the APA template in Doc Sharing), using correct economic terms covered in the discussions. 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 Online Library.

Reference no: EM13743432

Questions Cloud

Explain how price of a good you buy is affected by changes : Explain how the price of a good you buy is affected by changes in the prices of (a) substitute goods and (b) complementary goods - Why does the demand curve slope downward?

Testing for reducing sugars : Testing for Reducing Sugars- Write a statement to explain the molecular composition of the unknown solution based on the results obtained during testing with each reagent

Write a hypothesis and null hypothesis : Determine which of the following observations (1-6) are testable. For those that are testable answer the following questions: Write a hypothesis and null hypothesis

Data trends on unemployment and inflation : Key concepts to include in your paper-data trends on unemployment, inflation, GDP growth, expansionary fiscal policy tools, FOMC, easy money policy tools and other terms from this class.

Why was the firm investigated for antitrust behavior : Why was/were the firms investigated for antitrust behavior and identify some of the costs (pecuniary and nonpecuniary) associated with the antitrust behavior.

Firm quick ratio of nelson company : The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $375,000, and it will raise funds as additional notes payable and use them to increase inventory.

A variable for each measurement scale : 1. Briefly describe your area of research interest (1-3 sentences is sufficient).2. List 4 variables that you might assess in a research project related to your research area. List one for each type of measurement scale: Nominal, ordinal, interval, a..

Determine the net present value and draw a decision tree : Draw a decision tree (you may draw it by hand or electronically) and considering a time value of money discount rate of 12%, determine the Net Present Value (NPV)?

Change in the corporate logo and trademark : Mega Corporation has developed a strategic plan that calls for an emphasis on appealing to a younger demographic. If it decided that such an appeal to a younger market would necessitate a change in the corporate logo and trademark, such changes wo..

User Account

All Pages