Listen carefully to the following two Planet Money podcasts:

"Antitrust 1: Standard Oil" by Kenny Malone and Julia Simon, Planet Money podcast, Feb 15, 2019.(Links to an external site.)

(Transcript(Links to an external site.) available.)

https://www.npr.org/sections/money/2019/02/15/695131832/antitrust-1-standard-oil

"Antitrust 2: The Paradox" by Kenny Malone and Jacob Goldstein. Planet Money podcast, Feb 20, 2019.(Links to an external site.)

(Transcript(Links to an external site.) available.)

https://www.npr.org/sections/money/2019/02/20/696342011/antitrust-2-the-paradox

Then answer the following questions based on these podcasts:

Q8/

Robert Bork was influenced by the work of

a/Berkeley University game theorists.

b/University of Chicago economists who opposed large govenment involvement in the free market.

c/University of Chicago economists who adhered to Marxist ideology.

d/Harvard University lawyers who did not see the need for antitrust law.

Q9/In 1978, Robert Bork published a book called "The Antitrust Paradox" in which he argued that

a/the Supreme Court decisions were anticonstitutional but they promoted market competition.

b/the Supreme Court should not rule on matters of antitrust at all.

c/the Supreme Court should protect competition by protecing small companies.

d/the Supreme Court decisions were inhibiting market competition by protecting companies who did not want to compete.

Q10/Robert Bork established a new standard for judging if an action is anticompetitive and a new goal for antitrust law. This new standard and goal has survived until today. What is it?

a/the welfare of merchants

b/the welfare of competing companies

c/the welfare of the government

d/the welfare of consumers