Microeconomics- Oligopolies and Monopolistic Competition

There have been several mergers of large firms within oligopolies. In this assignment, you are to assess the impact of those mergers, on industry, on consumers and on society as a whole. There are three parts to the assignment. In a separate group Discussion Board, present 2 arguments. The first should argue in favor of the proposed merger, from the perspective of the firms. The second argues against the proposed merger from the perspective of the broader public interest. Is a high degree of market concentration a benefit or threat to consumers? Explain. Use either the allocative efficiency or dynamic efficiency arguments. Can the oligopoly market structure benefit both consumers and businesses by forging common standards in industries that experience rapid technological change?

• Need a Professional Writer to Work on this Paper and Give you a 100 % Original Paper? Click Here and Get this Essay Done………………