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Market Powers And Antitrust Practices: A Case Study

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Market Powers And Antitrust Practices: A Case Study
Market Powers and Antitrust Practices

The goals of antitrust laws are to make corporations compete fairly and are intended to prevent monopolies and encourage competition. A company that has market power can change prices to benefit their company. Other companies will follow their example. In the antitrust investigation against Apple, Inc., Apple’s collusion with publishers increased its market power considerably, essentially high jacking the e-book market. With the ever-evolving technological advances, judges in antitrust cases must incorporate the longstanding antitrust laws to fit with today’s practices.
Apple Antitrust Investigation The company Apple, Inc., found itself being investigated by the Federal Trade Commission for alleged violations of the Sherman Act. The antitrust investigation centered on …show more content…
(2013). The antitrust laws. Retrieved on January 25, 2014: http://www.ftc.gov.

Fisher, D. (2013). Apple Learns The Hazards Of Innovation With E-Book Antitrust Ruling. Forbes.Com, 5. EBSCOhost: http://proxy.devry.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&AuthType=url,cookie,ip,uid&db=bth&AN=89045633&site=eds-live

Neill, D. S., & Schwartz, D. A. (2013). E-Book Collective Action Violates Antitrust Laws. Venulex Legal Summaries, 1. EBSCOhost: http://proxy.devry.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&AuthType=url,cookie,ip,uid&db=bth&AN=91833235&site=eds-live

Raymond, N. (2014). Apple loses court bid to block e-book antitrust monitor. Retrieved on January 25, 2014 from http://www.reuters.com/article/2014/01/14/us-apple-antitrust-idUSBREA0C1HY20140114

Seitz, P. (2013, July 10). Apple loses e-books price-fixing case, violated antitrust law. Investor’s Business Daily. p. 00. EBSCOhost
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