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#3 https://theweek.com/articles/736059/what-beer-reveals-about-monopoly-power 3) Monopoly and Rent-seeking (10 points) Read the article linked below and, in a paragraph, analyze the competitive features of the beer market

#3 https://theweek.com/articles/736059/what-beer-reveals-about-monopoly-power

3) Monopoly and Rent-seeking (10 points) Read the article linked below and, in a paragraph, analyze the competitive features of the beer market using ideas relating to monopoly, oligopoly, and market power. In addition to a broader analysis, be sure to answer the questions that follow: What impact have recent mergers had on market shares and beer prices? What is the impact of the developing craft beer market? Why are large firms buying up beer reviewers? How [ TR T relate to rent-seeking? http://theweek.com/articles/7 36059/what-beer-reveals-about-monool-ogvg

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