What has been the recent view of antitrust laws?
What will be an ideal response?
Court decisions over the past twenty years have swung back to the rule of reason and away from a strict structuralism view of antitrust that would break up companies with large market shares. They have roughly adhered to a “90–60–30 rule” in defining monopoly. In the recent Microsoft case, it was not Microsoft’s large market share that was ruled illegal in the final settlement but Microsoft’s anticompetitive practices and behavior.
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Buying insurance is similar to
A) selling risk. B) irrationally avoiding life's risks. C) being a free rider. D) buying risk.
With fixed exchange rates, central banks must finance trade deficits, allow a devaluation, or else use trade restrictions to restore equilibrium
Indicate whether the statement is true or false