Posted: September 13th, 2017

Antitrust Case

QUESTIONS
Why was/were the firm(s) investigated for antitrust behavior?
Identify some of the costs (pecuniary and nonpecuniary) associated
with the antitrust behavior (firms having power in the market).
Additionally, note the specific antitrust act (Sherman Act, Clayton
Act, etc.) under which the violation was investigated.
Given your research and findings, are monopolies and oligopolies
(firms demonstrating power) always bad for society? Be sure to provide
real world examples of where this may be the case to strengthen your
position.
Provide at least one example of a case where having a monopoly or
oligopoly may actually benefit the society.
1. Write your individual answers to the questions listed above
together not each minimum 300 words in essay format in APA style [use
APA template in Doc Sharing], using correct economic terms covered in
the discussions. If you ONLY write 300 words, you probably won’t be
able to fully answer the questions.
2. Some key concepts to include in your paper – Monopoly Market
Structure, Characteristics of Pure Monopoly, Barriers to Entry into
the market, Natural Monopoly, Government Monopoly, Downward Sloping
Demand Curve, Economies of Scale, Monopoly Pricing, Price Maker,
Market Power, Economic Profits, Imperfect Competition, Rent Seeking
Behavior, X-inefficiency, Deadweight Loss to Society, Marginal Cost,
Marginal Revenue, Antitrust, Bundling.
3. You must use at least one article from the DeVry library and make
sure to use in text citations. Note: The textbook is not an article
and cannot be the ONLY source for the assignments. Use the DeVry
Library as a resource for finding your references.
The DeVry library site is http://library.devry.edu and my login information is:

The textbook should also be used as a reference. The title is
Economics by McConnell, Brue, and Flynn.