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Tech Companies' Anti-Competitive Practices Quiz

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Tech Companies' Anti-Competitive Practices Quiz

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Questions and Answers

What is the primary reason for allowing natural monopolies to exist?

To promote competition and innovation
To prevent redundant infrastructure and services (correct)
To encourage diversification of products and services
To ensure fair pricing for consumers

Which of the following is an example of an oligopoly?

The airline industry
The automobile industry
The telecommunications industry
All of the above (correct)

What is the primary reason for government regulation of oligopolies?

To prevent collusion and anti-competitive practices (correct)
To encourage innovation and product diversification
To promote the entry of new firms into the market
To ensure fair pricing for consumers

What is the difference between a horizontal merger and a vertical merger?

A horizontal merger involves companies in the same industry, while a vertical merger involves companies in the entire supply chain of an industry (B) Signup and view all the answers

Which of the following is NOT a potential reason for companies to merge?

To promote competition and prevent monopolistic practices (C) Signup and view all the answers

What is the primary concern regarding commercial media control, according to the text?

Lack of diversity in news content and perspectives (D) Signup and view all the answers

What was the ruling in the United States (1945) case regarding news organizations?

News organizations were found to be violating antitrust laws by conspiring to restrict content (C) Signup and view all the answers

What is the primary difference between an unorganized oligopoly and an organized oligopoly?

An unorganized oligopoly does not involve collusion, while an organized oligopoly involves explicit collusion (D) Signup and view all the answers

What is the primary difference between a conglomerate merger and a horizontal or vertical merger?

A conglomerate merger involves companies in unrelated industries, while horizontal and vertical mergers involve companies in the same industry (B) Signup and view all the answers

Which of the following is NOT a potential market failure in commercial media content?

Overrepresentation of popular entertainment content (B) Signup and view all the answers