Research authoritative articles using the news and the DeVry Online Library (http://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
Why was/were the firm(s) investigated for antitrust
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
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
Monopoly Market Structure
Oligopoly Market Structure
Barriers to Entry Into the Market
Downward Sloping Demand Curve
Economies of Scale
Deadweight Loss to Society
You must use at minimum at least one article from the
DeVry Online Library. Note: Although your textbook is a good source of
knowledge, it is NOT an article and cannot be the only
source for the assignment. Cite all your references in APA format. You
can use the Citations & Bibliography function of Microsoft Word, which is
found under the References tab.