QUESTION

Research some of what has been happening recently with Amazon, Facebook, and Google.

What do you think about the possibility that these companies have engaged in anti-competitive behavior?

What do you think is the potential damage to consumers from the market power possessed by these tech giants?

Compare these current situations with the Microsoft anti-trust case of the 1990s. Is it possible that sometimes a monopolist is simply successful rather than anti-competitive?

How would you balance the benefits to consumers with the potential costs to consumers when considering what, if any, action should be taken against a powerful seller?

Public Answer

ME2GXO The First Answerer