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Chapter 15 - Monopoly
Do Monopolies Advertise?
Yes, even monopolists advertise, to try to increase demand for
their products. Check out the web site of DeBeers; it makes you want to run out
and buy a diamond or two.
Is Microsoft a Monopoly?
The Justice Department is suing Microsoft, alleging that it
engages in monopolistic practices. There’s a lot of useful
information about the trial. The web site of MSNBC
is interesting,
but the MS in MSNBC stands for MicroSoft! The Justice
Department
has its own site, as does Microsoft. It’s hard
to find a neutral view on the trial, but there is a web site
concerning how the trial will affect the computer industry, from
ITWORKS.
Price Discrimination
The Federal Trade Commission
notes that price
discrimination is not always legal. It can only be done under certain
circumstances and not just to increase profits.
Enforcing Antitrust Laws
Antitrust Laws are enforced by the Department of Justice
and the Federal Trade
Commission.
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