Which Is the Most Likely Solution to Addressing the Market

question 81

Multiple Choice

Which is the most likely solution to addressing the market power of new firms such as Google and Facebook?

• A) Breaking up the firms
• B) Regulating their use of consumer data
• C) Setting a maximum price for their services
• D) Converting the firms to utilities

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Definitions:

Confederal

A form of government where various states or entities join together for common purposes but maintain substantial independence and sovereignty.

Federal

Pertaining to a system of government where power is divided between a central authority and constituent political units, such as states or provinces.

Unitary

A system of government where all the powers rest in a single, central authority.

Confederal

A confederal system, also denoted, is a political structure where independent states join together for certain purposes but maintain their sovereignty, often seen in the handling of common defense or foreign policy.