Why are mergers special concerns for the government's role in protecting the public interest?
What will be an ideal response?
In the various entertainment industries such as television, radio and music, and film production, there are often mergers and acquisitions which consolidate formerly separate businesses under a single umbrella. Multimedia mergers are often so large that they could, theoretically, violate antitrust laws by creating a byproduct that is anticompetitive. The government's role in identifying and challenging anticompetitive mergers is a difficult task. Most mergers actually benefit competition and consumers by allowing firms to operate more efficiently. Some mergers lessen competition. That, in turn, can lead to higher prices, reduced availability of goods or services, lower quality of products, and less innovation. Indeed, some mergers create a concentrated market in which the few members may be tempted to collude, while others enable a single firm to raise prices.
You might also like to view...
DCF, DCYS, and HRS are all acronyms for what kind of agency?
A. A child protection agency B. A state adoption agency C. A foster placement agency D. A private adoption agency
The American Bar Association (ABA) is:
a. A mandatory national bar association b. A voluntary national bar association c. An international bar association d. A bar association for paralegals
The colonists considered the Articlesof Confederation largely ineffective because of what factor?
A. Widespread corruptionwithinthe government. B. The national government lacked enforcementpower. C. Lack of cooperation between the three branches of government. D. The governmental staff had grown too large and ineffective.
What is a hypothesis?
A. a method used to prove or disprove the validity of an idea. B. a widespread belief. C. the process of conducting a research study. D. an assumption tested through experimentation.