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Find a news article about an antitrust action. This can include past, present, or potential future antitrust lawsuits either in the U.S. or abroad. Your
Find a news article about an antitrust action. This can include past, present, or potential future antitrust lawsuits either in the U.S. or abroad. Your essay should include all of the following:
- Briefly summarize the article.
- How is the firm (or firms) in this article using market power? Is there harm to consumers? Are there inefficiencies caused by this market power? Explain.
- In your opinion, would this antitrust action improve the market outcome? Why or why not?
- Are there any opportunity costs to this use of antitrust law? Explain what they are.
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