Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(5 sentences for each question) Microsoft (MSFT) has been accused of violating the Anti-trust law time to time. MSFT had the legal problem with European

(5 sentences for each question)

Microsoft (MSFT) has been accused of violating the Anti-trust law time to time. MSFT had the legal problem with European Community (EC).

Q1)Do you think Monopoly business practice is so bad for the general public's welfare? why? or why not? Explain based on cost and benefit analysis of social welfare.

Q2)Do you think FAANG companies or MAGA are Monopoly? FAANG are Facebook, Apple, Amazon, Neflix and Google. MAGA are Microsoft, Apple, Google and Amazon. Do you think Government should regulate and break up FAANG companies?

Q3)Would you give us another notorious example like Monopoly case in the past (such as Standard Oil, Morgan House, OPEC with high energy price, lately case of INTEL)? Your Monopoly example should be based on high concentration of market share and high abnormal profits.

Q4)The near future emerging major technology change will be on Big Data, Clouding, Artificial Intelligence , Block chain and Quantum Computing technology. Which company will emerge as a monopoly company in those industry in coming decades?

Q5) Is the current Anti-trust law outdated ? why? For example, Sherman Act of 1890 has only 769 words.if so, what reform is necessary for the current anti-trust law?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics

Authors: Michael Parkin

10th Edition

013485330X, 978-0134853307

More Books

Students also viewed these Economics questions

Question

What are some examples of intellectual property rights?

Answered: 1 week ago

Question

Alcohol and drug use among student athletes

Answered: 1 week ago