The writer is very fast, professional and responded to the review request fast also. Thank you.
I need help with a discussion question. To meet the requirements, it must be 1-2 paragraphs and answer the questions below.
The United States has a variety of regulations to address the economic harm resulting from monopoly power in an industry. This includes the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. These acts were aimed at restricting the formation of cartels and monopolies to protect consumers and ensure competition. The article The Oligopoly Problem argued that oligopolies fall through the cracks of these regulations and leave consumers unprotected from harmful business practices where industries are highly concentrated. Read the article and respond to the following in your initial post:
· What are examples of firms in an oligopolistic market that abuse their power? Explain how they abuse their power and describe the impact on consumers.
· Do you agree with the author’s feelings about increased government oversight of such industries? Why or why not?
This week you must make sure you have responded to of the following in your post after reading The Oligopoly Problem (https://www.newyorker.com/tech/elements/the-oligopoly-problem). article.
a. What are examples of firms in an oligopolistic market that abuse their power?
b. Explain how these firms abuse their power and describe the impact on consumers.
c. Do you agree with the author’s feelings about increased government oversight of such industries?
d. Why do you agree/disagree with increased government oversight of oligopoly industries?
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more