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FTC says Facebook has been a monopoly 'since at least 2011' in amended antitrust complaint - The Verge
Google was just hit with an antitrust lawsuit from the DOJ. Here's what 'antitrust' means and how 'trust-busting' laws attempt to keep the biggest firms in US history from growing too powerful.
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Consider a monopolist who cannot price discriminate. She has a total cost function C(q) = q^2 and faces an inverse demand function p = a - q, where a is a positive
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