The rights and welfare of consumers is protected

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What is governemnt regulation like in your company's industry? Does the government employ any regulation designed to ensure that competition is healthy or the rights and welfare of consumers is protected. Would you support governments breaking up companies if they become too powerful? Why or why not? Be sure to discuss how consumer and societys welfare are impacted by firms that exhibit market power? Do you think that governments should always, as a rule, reduce market power of firms that exhibit market power (in order to protect consumer welfare) or should firms be able to grow to be large and power (such as Microsoft)? Would breaking up large companies as a rule eliminate incentives to work hard.

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Reference no: EM131173135

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