Question
Listen carefully to the following Planet Money podcast: Antitrust 3: Big Tech by Jacob Goldstein and Kenny Malone, Planet Money podcast, Feb 22, 2019. (Links
Listen carefully to the following Planet Money podcast:
"Antitrust 3: Big Tech" by Jacob Goldstein and Kenny Malone, Planet Money podcast, Feb 22, 2019. (Links to an external site.)
(Transcript(Links to an external site.) available.)
https://www.npr.org/sections/money/2019/02/22/697170790/antitrust-3-big-tech
Then answer the following questions based on that podcast:
Q1/According to the lawyer Lina Khan, Amazon has NOT gotten into trouble with the current antitrust law because Amazon offers low prices and many choices for consumers which fits well with the "consumer welfare" standard used in the current antitrust law.
True
False
Q2/What should be done with large firms such as Amazon according to Lina Khan?
a/They should be investigated primarily on its pricing mechanism and its ability to innovate.
b/They should be left alone.
c/They should be shut down.
d/They should be investiageted on how its multiple parts work together and with view of potential conflict of interests within its multiple businesses.
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