WEEK 6 DISCUSSION – “Monopolies” Please respond to the following:
- In today’s economy, there are a wide number of powerful companies who in all appearances control massive segments of different markets. Using the Internet, identify one example within the last year of a large company that has (or might be) engaged in anticompetitive behavior and what type. Next, suggest three ways that this behavior could be viewed as either a Horizontal or Vertical restraint of trade. Be sure to explain and define these terms and provide support for your response. Please do not use Google, Amazon, Pfizer, Apple, Johnson & Johnson, Uber or Qualcomm as example companies.
- Identify and explain the different forms of restraint of trade in your example and, what are some of the defenses? Support your answer.
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