Oligopolies Part 1) One proposed merger is Omnicare's bid to purchase Pharmerica (FTC, 2012). The FTC has defined the industry as "long-term care pharmacy" and these are the two largest firms in that industry. The FTC has sued to block this proposed Continue Reading...
Monopoly Radical Treatise on Monopoly When a firm is the only seller or supplier of a good or a service for which there is no close substitute, it is referred to as a monopoly. Broadly speaking, every firm would naturally like to have a monopoly gi Continue Reading...
Microeconomics Industry description The modern day economic climate is extremely dynamic and challenging, revealing a context in which the economic agents are presented with both opportunities as well as challenges. One specific means in which they Continue Reading...
Oligopoly and a Monopoly: Viewed in Light of the AT& T. And SBC Prospective Merger Since the Gilded age of the robber barons ended with the enforcement of the Sherman Anti-Trust Act, corporate monopolies have had a bad name in American commerce Continue Reading...
