Monopoly Game” , the government versus technology companies (Facebook , Apple , Amazon and Google) ,write 5-7 pages using the microeconomic concepts that you learned in this course to critically analyze the following :-
1- Brief economic analytical description of U.S “Antitrust” regulations and why they came into force.
2- Briefly describe how the above companies achieved market power ,their competitive behavior in terms of supply/demand , elasticities ,cost ,revenue and profit.
3- Critically analyze and summarize the U.S government arguments against the competitive nature of each of the above four companies.
4- Present your own argument “for” or “against” the regulations of the above tech companies or provide a 3rd solution considering the impact on consumers , technological innovations, and market competitiveness.
Guidelines
Your essay should be 5-7 pages ,MS word not PDF, APA format. Typed and double-spaced with 1" margins on all sides. You should use a clear font that is highly readable. APA recommends using 12 pt. Times New Roman font. Your essay should include four major sections: The Title Page, Abstract, Main Body, and References. When using APA format, follow the author-date method of in-text citation. SafeAssign is used for plagiarism.
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