Economics (McConnell) AP Edition, 19th Edition

Chapter 18: Antitrust Policy and Regulation

Web-based Questions

1
The FTC and the antitrust division—recent legal actions Go to the FTC Web site, www.ftc.gov, to find press releases by selecting News. Briefly summarize two antitrust (not false advertising) actions taken by the FTC over the past 12 months. Next, go to the Web site of the U.S. Department of Justice's Antitrust Division, www.usdoj.gov/atr/index.html, and look under Recent Antitrust Case Filings. Briefly summarize two antitrust -actions taken by the Antitrust Division during the past 12 months.
2
The Consumer Product Safety Commission—What is it and what does it do? What are the major functions of the Consumer Product Safety Commission, www.cpsc.gov? Name two products from the current Most Wanted list (in the left column) and explain why they are dangerous. From Recalls and Product Safety News, identify two product categories of interest to you. List three specific product recalls for each of your two product categories and briefly explain the main reason for each recall.
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