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Q2 . See around you and pick up a firm which is either dominating the market or trying to create monopoly. (a) Write in brief

Q2. See around you and pick up a firm which is either dominating the market or trying to create monopoly.

  • (a) Write in brief about the firm chosen and explain how the firm is trying to creat a monopoly or dominating the market?
  • (b) Elaborate your opinion, why we as a society should worry about a firm trying to creat a monopoly?
  • (c) Discuss some policy options a government could have to intervene in such market and prevent the monopoly creation.

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