Watch these videos and answer the questions https://www.youtube.com/watch?v=voUiWOGv8ec

https://youtu.be/fujeSSEqj74

1. Is Luxottica a monopoly? Explain.
2. What do you think policymakers should do about companies like Luxottica. Should they:

• Break them up?
• Regulate them?
• Nothing, and allow competition and innovation in the market place to potentially reduce their market power?

1. What about government created/sponsored monopolies, like the electric company or the United States Postal Service? Should their government barriers to entry remain? Explain.