Question

In: Economics

1) Does the U.S. have a monopoly problem? Why/not? Support your response with research. 2) Listen...

1) Does the U.S. have a monopoly problem? Why/not? Support your response with research.

2) Listen to the Planet Money Indicator podcast "Google's Mobile Monopoly" (Links to an external site.) and identify the barriers to entry in the tech industry that enable Google to realize it's monopoly/near monopoly. (remember to use additional resources as well)

3) Provide a separate example of a monopoly/near monopoly (natural or not) and comment on the barriers to entry in that industry. Please be specific.

4) Read "Anti Trust Laws - A Brief History" (Links to an external site.) and explore the resources below to comment on the field of antitrust in today's business climate. Should companies like Amazon have so much power (Links to an external site.)?  

Solutions

Expert Solution

Above is the answer of question 1 with explanation.


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