Americans and their profits

Content

Introduction…………………………………………………………………page 1
Market power ……………………………………………………………..page 2
Antitrust …………………….………………………………………………..page 2
Conclusion …….……………………………………………………………..page 3
References ……………….…………………………………………………..page 3

introduction
Throughout history many immigrants have left their countries to come to America for the American dream to be successful and become rich and have a business. As many of this business develop a lot of corruption began to happened with price fixing, monopoly pricing, market power, monopoly structure, and much more. During the early years of paramount motion picture which was owned by Adolph Zukor, Jesse L. Lasky, and W. W. Hodkinson there were only few major motion picture companies in the market and within time they had monopolized some cities in the US. Market power
In the Early 1920’s there was not much competition for companies to get regulated so as time passed motion movies became a huge way of entertainment that companies like paramount began to control some cities and created small monopolies among some cities in America, I don’t think it’s okay for one company to have complete market power because that could lead to price controls, price fixing and within time the government step in to create some sort of change to allow more major motion picture companies to display any content they had. Paramount had lost a lot of profits because of the regulation by the government to allow other companies to also show motion pictures. I agree that what the government did was right by interfering with paramount because this ended all their monopolies and giving other people the chance to make a profit.
Antitrust
The antitrust lawsuits began by 1940’s when paramount had total control of Detroit chains of theaters, paramount agreed to