Research authoritative articles using the news for a recent case of antitrust investigation. Choose a case from any industry and any part of the world about a recent case of antitrust. Based on the case answer the following questions.
1. Why was/were the firm(s) investigated for antitrust behavior?
2. Identify some of the costs (pecuniary and nonpecuniary) associated with the antitrust behavior (firms having power in the market). Additionally, note the specific antitrust act (Sherman Act, Clayton Act, etc.) under which the violation was investigated.
3. Given your findings, are monopolies and oligopolies (firms demonstrating power) always bad for society? provide real world examples of where this may be the case to strengthen your position.
4. Provide at least one example of a case where having a monopoly or oligopoly may actually benefit the society.