In 1995 the U

question 145

Essay

In 1995 the U.S.Justice Department sued to block a merger between Microsoft and Intuit,the producer of the nation's best-selling business software.The Justice Department argued that the merger would lessen competition and raise prices of business software.Is there an economic argument that the merger might actually result in lower prices?

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Definitions:

Slave Power

A term used to describe the perceived political power held by slave owners in the United States pre-Civil War, influencing legislation and government.

Increase of Fear

A situation where the level of anxiety, worry, or dread in a population or individual grows significantly, often in response to real or perceived threats.

Second Bank of the United States

A federal institution that operated from 1816 to 1836, aimed at stabilizing and improving the national economy but faced opposition, leading to its closure.

Dred Scott Decision

A landmark 1857 U.S. Supreme Court case that ruled African Americans, whether enslaved or free, could not be American citizens and had no rights to sue in federal court.