How should the government regulate this monopoly firm

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Assignment:

Microsoft has been one of the many examples of monopoly power over the years.

Microsoft Antitrust WMV

From the Microsoft anti-trust case, is monopoly is good or bad for the economy, consumers, competitors?

Provide a link to an article or video and describe an example of a monopoly firm and its product you know. Is the market "international," "national," "regional," or "local"? Indicate at least one of the following characteristics of a monopoly firm: only one firm in the market, close to a 100 percent market share of the firms in a market, blockaded entry or high barriers to entry, existence of economies of scale, product that is unique when compared with anything produced by anyone else, the lack of substitutes or foreign competition.

Opinion, how should/shouldn't the government regulate this monopoly firm? Justify your answer.

Reference no: EM133440709

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