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:
According to Scott Hemphill, a NYU law professor who specializes in antitrust law, the consumer welfare standard should be [ Select ] ["preserved", "discarded"] . He thinks that companies could also be considered as consumers when they buy things from other companies. His main focus is company [ Select ] ["break ups", "mergers"] which he thinks should be scrutinized [ Select ] ["less", "more"] . If it is discovered that the purpose of the merger was to decrease competition, the company should be [ Select ] ["left alone.", "broken into smaller companies.", "consolidated and enlarged.", "nationalized."] .
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