Assignment
Read the following story: Google Fined Record $2.7 Billion in E.U. Antitrust Ruling By MARK SCOTT.
Answer the following questions:
1. Based on what you read, do you think Google is a harmful monopoly that should be subject to U.S. anti-trust action? Explain.
2. Do monopoly powers harm an economy? How so?
3. Why is some degree of monopoly power permitted?