Apply the Principle: Monopoly Power

Due Week 5 worth 60 points

By now you know that monopoly power occurs in most markets. You also know

that

in some

cases

,

a regulated monopoly produces a better outcome than

competition.

Yet an inappropriate

use of monopoly power is the basis for an anti

–

trust decision. The question remains:

W

hen does

a firm have too much monopoly power?

In this “Apply the Principle

,

” you will have to decide if Google has too much monopoly power.

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