Market Structure Case Studies Samples For Students

Introduction

There are various forms of market. Each has their own set of characteristics such as the number of sellers, the level of competition, the response of the market to every decision made by the sellers and vice versa, and basically all sorts of factors that come into play whenever we talk about microeconomics. Market structure, in economics, is the term used to describe the varying number of firms that produce the same or identical products and line of products. Monopolistic competition, oligopoly, duopoly, monopsony, oligopsony, and perfect competition are all types of market structure and to be able to ...

333 U.S. 364, U.S. v. United States Gypsum Co. (1948)

Abstract

The case is between United States v United States Gypsum Co 333 U.S.364 (1948). United States was the plaintiff while the United States Gypsum Company was the defendant. The case was argued on 14th and 15th November 1947. However, it was decided on 8th March 1948. The facts of the case were that the defendants had violated the Sharman Act. They acted in a manner which was likely to eliminate competition in the industry. The first defendant, who was dominant in the Gypsum industry, granted patents to another defendant who ...

Introduction

Economic consequences are extremely essential for the sake of an economy, as it is the only thing through which the power of economics of a country will get appreciation and upper hand in the market (Angermuller, Maingueneau & Wodak, 2014). Escalating stock market recognition, increasing economic power, Gross Domestic Product and Per Capita Income are some of the important aspects that found interactive and effective in the entire field of economics and management (Angermuller, Maingueneau & Wodak, 2014).
In terms of significance, the subject of economics has its diversification in different themes that will be considered accordingly in the picture. The ...

Question 1

This was a case that was argued on 5th December in the year 1989 and decided on 14th June in the year 1990.The origin of the case dates as back as between the years 1972 and 1981 whereby Texaco (petitioner) sold gasoline to independent retail companies at its RTW prices but gave additional discounts to Dompier and Gull which saw the two companies gaining a competitive edge other retailers. The retailers suffered a very severe decline and consequently filed a suit against Texaco in 1976 for violating the provisions of the Robinson-Patman’s Amendments on to the Clayton Act which prohibits discriminative pricing ...

Introduction

Amazon.com is an American online electronic commerce company based in Seattle and is the largest online based company in the United States of America. Initially, the firm started as an online book store, but later it diversified to include videos, DVDs, MP3 downloads, video games, software and electronics among others. The company also offers consumer electronics such as kindle fire tablets, fire phone, fire TV, and Amazon Kindle e-book readers and it is the largest global provider of cloud computing services. The company was founded by Jeff Bezos as the president, chairman and CEO in the year 1994 (Stone ...

Q1a. From the information contained in the case study above, conduct an analysis of Tesco’s external environment using the STEEPLE model. Your analysis should cover and identify each of the factors as they relate to the case study. (16 marks)

The external environment of a business can be evaluated using a STEEPLE model, which incorporates seven external factors; sociological, technological, economic, environmental, political, legal and ethical (Block 1, Reading 5, p. 34). Here is a brief analysis of Tesco according to the STEEPLE model;

Sociological factors

The variety of business in the UK and across the world is going through ...

U.S. v. Gypsum Co. (1950)

Question 1

This was a case, which was argued on October 19, 1950 and decided on November 27, 1950. The proceeding was actually filed in the year 1940 in District Court of United States for Colombia District by United States under the Attorney general’s authority. The complaint that was charged was a long –continued conspiracy or plot by the defendants in the restraint of trade in the gypsum products amongst numerous states and in Columbia District, and a like monopoly, all in desecration of Sherman Antitrust Act.
The defendants, appellees or respondents in this case, were the ...

Federal Trade Commission V. Morton Salt Co. 334 U.S. 37 (1948)

Question One: Abstract

The Federal Trade Commission v. Morton Salt Cocase is a US antitrust landmark case. The respondent, a salt manufacturer, sold one of its brands on a standard discount system under which only few large-scale firms qualified. The Commission then issued a cease and desist order against the respondents herein having found them liable in price discrimination contrary to section 2 of the Clayton Act as amended by the Robinson-Patman Act. The respondent petitioned to the Circuit court of Appeal which quashed the Commission’s decision. Thereafter, the Commission appealed to the Supreme ...

Question 1

On august 31, 1969 in the United States District Court M.D. North Carolina, Greensboro Division the United States of America as plaintiff, seeks to restrain and prevent the alleged violation of section 1 of the Sherman Act. The complainant, United States of America accused defendants of exchanging among themselves information involving price that have been charged, quoted, or contracted to charge to particular customers. The defendants were allegedly doing this with the aim of restricting price competition among themselves in the corrugated containers business in the Southeastern United States. However, the complaints of price fixing and violation of Sherman ...

Introduction

Comcast and Time warner Cable are two competitors in the provision of cables in the market. The two companies are selling the same product in the market on very competitive market forces. The two companies, therefore, merges in order reduce the competition and working together to achieve the same goals and objective since they provide the same products. When these two companies merge, the levels of competition in the market will reduce effectively enabling them to have almost full control of the market through monopoly. The mergers will be able to determine prices and provide products to the customers ...

Market structures Franchise firms are granted the rights to operate their businesses in particular locations. They include companies dealing with fast foods, automobiles, financial services, cleaning and other products. The MacDonald’s is one of the largest franchise firms operating in the restaurant industry. The company deals in fast foods, with over 35000 branches worldwide. The firm, just like any other businesses is faced with stiff competition, but it has remained in the company due to the business strategies it employs to beat the competition. It advertises its products on the billboards, television, radio, newspapers, and it is involved ...

Introduction

Leadership is the act of influencing other people’s minds to the extent that they blend their own perceptions with one’s perceptions and eventually incline their loyalty towards your principles. However, it’s only the positive qualities that define an effective leader. In strategic management, leaders often experience situational dilemma when implementing the mechanisms of corporate governance as stipulated by the executive members of the organization (Hunger & Wheelen, 2003). Leaders often devise the procedures to follow, possible solutions as well as unforeseen challenges that my cripple the success of an organization. In any circumstance of resolving a contention, a temporary ...

Management

In the microeconomic analysis of the business competition, application focuses the interaction of the customers and the sellers. The demand and supply have to provide the nature and description of the business in respect to their relationship. The National Cannabis Industry Association is a body that is focused in controlling and overseeing the marijuana business in the United States. The association has the mandate of oversight and ensuring the growth of the marijuana are controlled and done by the certified and competent individuals as it is used under the prescription. Measures are introduced to enhance the control over the business ...

Introduction

DEA is the Data Envelopment Analysis. It is a non-parametric approach used in investigates for the assessment of production frontiers. It is used to assess the relative efficiency of various units, called DMUs in the language of DEA. DEA uses multiple inputs and outputs to estimate the efficiency and for benchmarking the best performing units.
The structure of the market economy is a concept with many aspects. In particular, the structure of the market economy can be characterized in terms of the competitive relationship, the degree of their development. There are several approaches to the study of the structure. In ...

Hanover Shoe, Inc. v. United Shoe Machinery Corp.
- Abstract
In this 1968 case, Hanover Shoe was a customer of United Shoe Machinery, leasing their shoe-making machinery. Previously, United Shoe lost a suit brought by the United States based on the anti-trust effects of their leasing scheme. Hanover used this finding as a basis for suing United Shoe themselves, requesting treble damages. The Court found that the prior case did stand for the proposition that the leasing scheme was illegal monopolization and found for Hanover. United Shoe argued a “passing on” defense and that Hanover’s additional taxes should be excluded ...

Introduction

Economics describes markets depending on the factors that define their competitive nature. In that respect, factors like the number of firms, their market share, market power, pricing strategies as being price leaders or price searchers as well as the ease and barriers to market entry. Therefore, markets are defined into categories of monopolistic, competitive and oligopolistic and have differences in their pricing and output decisions hence different effects and implication on the national economy. In that respect, governments tend to exercise appropriate regulation on the markets in order to achieve national objectives. In this consideration, this analysis seeks to ...

Landmark Antitrust Case Study Assignment

Dr. Mozayeni

Assigned #:__________________________
Monopoly 221 U.S. 1, Standard Oil of New Jersey v. U.S. (1911)
1. Write a 100- word abstract of the case, including the date of the case.
The Standard Oil of New Jersey v. U.S. was a case that took place in 1911 and gave the Supreme Court gave its verdict on May 15, 1911. In this case, the Supreme Court of the United States found Standard Oil of New Jersey as being guilty of engaging in monopolistic and anticompetitive actions. These actions of the Standard Oil were as an attempt to monopolize the ...