Antitrust Authorities Have a Difficult Time with Network Goods Because

question 93

Multiple Choice

Antitrust authorities have a difficult time with network goods because:

• A) they know that with network goods, only a few firms will always dominate the market.
• B) profits tend to be higher in network markets, and thus firms are willing to fight harder.
• C) when monopolies exist, there is no competition to help lower prices.
• D) increased competition can easily lead to corruption in network markets.

---

Definitions:

Batouala

A novel by René Maran, notable for its critical portrayal of colonialism in Africa; it was awarded the Prix Goncourt in 1921.

Harlem Renaissance

A cultural, social, and artistic explosion centered in Harlem, New York, during the 1920s, marking a period of rich cultural growth among African Americans.

René Maran

A French writer of Guyanese descent who won the 1921 Goncourt Prize for his novel "Batouala," a pioneering work that represented a significant breakthrough in representing African culture and critiques of colonialism.

Jessie Redmond Fauset

A leading figure in the Harlem Renaissance, an African American editor, poet, essayist, and novelist who played a pivotal role in nurturing young black authors.