Regulation of market structures

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Economists generally agree that U.S. antitrust policy is complex, changing over time, divided among several U.S. federal government agencies, and subject to frequent court reversals.

The underlying question remains whether the U.S. needs more or less regulation of market structures.
Key questions are:

- Are U.S. markets becoming less competitive because of mergers and acquisitions?
- Are U.S. markets becoming more competitive because of new technology?
- Are U.S. markets becoming more or less competitive because of globalization?
- Is enough information available for wise antitrust enforcement?

US Federal agencies involved in antitrust include US Federal Trade Commission at
US Department of Justice

For international perspectives
For analysis:

For a strong anti-regulatory position see Heritage Foundation, a private advocacy group, has been influential in arguing against antitrust enforcement.

The American Enterprise Institute

For strong pro-regulatory position see the Economic Policy Institute, a private advocacy group, argues for more antitrust enforcement

The Brookings Institution attempts a non-partisan position and publishes frequent overviews of antitrust law.

Attachment:- Discussion.rar

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To break into an industry where judging by the incumbents’ performance one can make only average profits but are likely to do so? Or to jump into a market where you might make above-average profits but are unlikely to do so? The right choice isn’t obvious, but most companies prefer to enter industries where the existing players’ profits are consistently higher than those of enterprises in other industries. This report will discuss whether US markets are turning less competitive due to globalization, mergers, and with introduction of new technologies. This paper is written in Microsoft Word Document File.

Reference no: EM132115925

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