Monopoly Market And Antitrust Research Paper

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Monopoly Market and Antitrust Law The antitrust laws are in place to assure that businesses have strong incentives to operate efficiently, and to protect the process of competition for the benefit of consumers to keep quality and prices down (Federal Trade Commission, 2008, para 2). The purpose of this paper is to analyze the civil antitrust action against Verizon wireless and wireline Companies collectively with the cable companies; Comcast, Time Warner Cable, Cox, and Bright House Networks. Violation of the first section of the Sherman Act Verizon (Verizon Communications, and Fios Inc. & CellCo Partnership d/b/a Verizon Wireless) and cable companies (Comcast Corporation, Time Warner Cable, Cox Communications Inc., and Bright House Networks,…show more content…
Assuring competition is critical to maintaining low prices, high quality, and business efficiency. Blair and Lopatke (2008 explained that by eliminating the competition, dominant sellers can increase monopoly profits and deadweight of social welfare losses can occur (p. 442, 439). But not all monopoly companies causes harm, some companies like the water utility, natural monopoly, and is regulated by the government (McConnell, 2012, pp.…show more content…
D., & Lopatke, J. E. (2008). PREDATORY BUYING AND THE ANTITRUST LAWS. Utah Law Review, 2008(2), 415-469. Cohen, L. (2012, June 13). Verizon-Cable Monopoly would kill jobs. The Huffington Post, p. 1. Retrieved from Federal Trade Commission. (2008, July 8). Ftc guide to the antitrust laws. Retrieved from McConnell, Campbell R.. (2012). Economics, 19th Edition. McGraw-Hill Learning Solutions U.S Department of Justice. (2012). United states district court for the district of columbia (Case 1:12-cv-01354). Retrieved from website:

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