Course - Principle of Business Marketing Finance

Monopolies and Government Intervention 1) Describe the concept ofa monopoly in the American business landscape. Include the definition of a monopoly, why they are often thought of as bad, and under what circumstances are they considered acceptable. (2 paragraphs) 2) The US Constitution calls for a very limited approach to government intervention. How is intervention in the case of a monopoly justified? (1 paragraph) 3) The government often acts to prevent monopolies from forming by preventing large companies from merging together. Find an article about an intervention of this type. Describe the two companies involved, how their merger would have formed a monopoly, and why the government prevented the meger from taking place. 2 paragraphs). 4-5) Research 2 monopolies, one from the past (pre-1990) and one from the present (1991-present). Describe how the company became a monopoly, and what was done by the government to break it up. (2 paragraphs for each company, 4 total paragraphs)