1. You are an entrepreneur in a fast growing high-tech industry. You have heard that the government plans to begin regulatory actions soon on your products. Because the industry is so new, there are no organizations joined together to look after the collective interests of the industry. What would you do in such a situation? What would you suggest others in your industry do? Be specific.
2. Antitrust laws and the agencies involved in enforcing such acts seem to be confusing. Please outline, concisely, the basic acts or laws concerning antitrust, the specific governmental agencies in charge of enforcing each law, the limits of responsibility of these agencies, and your suggestions on simplifying the process.
Baron, D. P. (2010). Business and its environment (6th ed.). Upper Saddle River, NJ: Prentice Hall.