explain the rise of anti-trust laws in the late
19th
How did anti-trust laws shift after WW1? (WW1 ended in
1918)
What does the documentary mean that anti-trust laws depend on
politics more than any other area of law?
Anti-trust policy may be different between a market for network
goods and non-network, or traditional, anti-trust policy. What
tension causes this?
A.Network goods are often produced by a monopoly or an
oligopoly, but the low level of competition in the market in the
market is balanced by the high level of competition for the
market.
B.Network goods are often produced by a monopoly, but that is
less important than the fact that the monopoly gained that position
by producing the...
How
does a nation's educational system relate to its economy? e.g., How
does education and training interact with the economy?
Why
do some businesses flourish while others fail? Do well trained
workers cluster (at times) in the same geographical region? e.g.,
silicon valley.....
Do
industries with low barriers to entry for new employees have lower
wages? And are the workers at more risk of being laid-off than with
industries of higher requirements.? What does this say about
education and training?...
Multiple Choice
(18) One school of thought concerning anti-trust argues
that rather than ensuring efficiency, anti-trust laws are really
aimed at ________.
A. outlawing all monopolies whether they perform “bad
acts” or not
B. protecting small independent firms against large
corporations
C. restricting interlocking directorates
D. price differentiation due to differences in
quality and cost
(28) The method of estimating long-run costs in which
knowledgeable professionals familiar with production facilities and
processes calculate optimal combination of inputs to produce given
quantities and then...
What does “anti-trust” regulation generally refer to? Why is it
complicated? Why did the Sprint T-Mobile merger get
approved? (Just guess based on what you think for that
last part)
How would an ideal (non-real world) anti-trust law differ in
its
treatment of implicit and explicit collusion? By treatment,
you
can include the illegality, the punishments or any evidential
thresholds
in your ideal law. [Only the law is ideal, it should face the
type of firm behaviors we see in the US economy.] Justify
your
answer. Explain the differences in how these types of
collusion
present themselves to either regulators who must decide which
cases to investigate and the courts....