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(2 points) On your own, you need to find the market share for movie studios in the U.S. and list the top 10 studios with
- (2 points) On your own, you need to find the market share for movie studios in the U.S. and list the top 10 studios with their respective market share. Cite your source.
- (3 points) Calculate the Herfindahl-Hirschman index for the movie industry based on your findings from the question above.
- (5 points) Do you believe that the U.S. movie industry is too highly concentrated? Why or why not? Use your knowledge of oligopolies and reference here:https://www.justice.gov/atr/herfindahl-hirschman-index
- (2 points) If Disney is concerned that there is legal pressure to break up their market share, what are some arguments that they can make about the shortcomings of how their market is defined?
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