Law, Business and Society 11th Edition by Tony McAdams

Exercise 17

Critics have argued that technology is eliminating the imperfections of the market, making antitrust law enforcement obsolete in this high-tech era.
a. Explain that argument.
b. Now build the argument that high-tech industries may actually be especially susceptible to antitrust problems because of the need to maintain the compatibility of equipment (like the dominance of the VHS format in the video business).