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5 paragraph discussion post

Date Posted: 25/07/2019
Category: Business
Due Date: 25/07/2019
Instruction
Read this article first: https://www.alternet.org/economy/us-economy-increasingly-dominated-monopolies-2015-corporate-mergers-continue Do you think we need to enforce our anti trust laws to prevent monopolies? It was argued at the beginning of the 2000s that we need to relax our anti trust laws so that firms could grow very big and compete with global monopolies. Do you feel this way or do you feel that the creation of monopolies lowers the real wage of American workers because the monopolies keep prices higher than a competitive equilibrium price. Also, some say that by allowing monopolies to exist will there be more innovation in America and R&D because monopolies have so much money that they can afford to do more innovation. Or, because of the lack of competition, even if they have a lot of money, they still won't innovate. Discuss using at least 5 paragraphs.
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