MAY 11, 2014 NO COMMENTSFor this assignment, you are going to write a 2 -3 page Word document on monopolies. Your paper should cover the following issues:
1. A title page, and if necessary, a reference page.
2. You are to choose one existing monopoly that currently exists.
3. You are to provide a brief history of the monopoly, including how it came to be a monopoly.
1. Was it a monopoly that formed naturally or through vertical or horizontal mergers?
4. You need to, in your own words, explain what impact the monopoly has on the marketplace.
5. You need to, in your own words, explain what type of monopoly is it.
1. Is it a government-granted monopoly?
6. Has this monopoly been accused of any of the following abusive conducts:
1. Limiting supply
2. Predatory pricing
3. Price discrimination
There are many different types of monopolies which exist within the market. In this assignment, you are going to talk about the different kind of monopolies, their place in the market, and their effect on society. For this assignment, please discuss the following: 3-4 paragraphs
â˘ In your own words, start by defining a monopoly.
â˘ Find two examples of monopolies and they cannot be the same type of monopoly (no choosing two government monopolies for example).
o Briefly describe what makes your examples a monopoly.
o How did they become a monopoly?
o What effect does that monopoly have on the market?
o What effect does that monopoly have on society, if any?