Question
Research some of what has been happening recently with Amazon, Facebook and Google. What do you think about the possibility that these companies have engaged
Research some of what has been happening recently with Amazon, Facebook and Google. What do you think about the possibility that these companies have engaged in anti-competitive behavior? What do you think is the potential damage to consumers from the market power possessed by these tech giants? Compare these current situations with the Microsoft anti-trust case of the 1990's.
Is it possible that sometimes a monopolist is simply successful rather than anti-competitive? How would you balance the benefits to consumers with the potential costs to consumers when considering what, if any, action should be taken against a powerful seller?
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