Question
Aluminum Company of America (Alcoa) controlled 90% of primary aluminum production in the United States in 1945. As a result, the company was accused of
Aluminum Company of America (Alcoa) controlled 90% of primary aluminum production in the United States in 1945. As a result, the company was accused of monopolizing the aluminum market. Despite controlling a large share of the primary market, Alcoa argued that 30% of the total aluminum supply comes from recycled aluminum produced from scrap, and many competitors recycle. Alcoa argued that because of this, it did not have much monopoly power. HINT: To find the answer to the following questions you can read this paper: https://www.jstor.org/stable/1830960 A. Make a concise argument in favor of Alcoa's position. B. Make a concise argument in favor of Alcoa's position. C. The ruling by Judge Learned Hand on this case has been called "one of the most renowned judicial opinions of all time." Do you know what Judge Hand's opinion was?
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