Use IRAC structure write out an Essay based on the following instructions. Need to follow the instructions carefully. DO NOT USE any AI Generator such as ChatGPT.
Instructions:
Consider the DOJ’s “first claim” in the attached PDF: “Apple has willfully monopolized the performance smartphone market in the United States through an exclusionary course of conduct and the anticompetitive acts described herein.”
Do you agree or disagree with the DOJ’s claim based on publicly available information? Explain your answer.
General guidance for Module #3 essay
The following will be considered in the evaluation of your essay:
(1) A clear statement of the issue and a review of the business and/or regulatory facts that give rise to the issue (including, for example, descriptions of industry features such as market concentration, product differentiation, etc.)
(2) A proper description of the business/economics framework(s) used
(3) Discussions of how regulations (if part of or proximate to the analysis of your issue) impact the economic incentives of various players in the industry – firms, consumers, regulators, related industries, etc. and how the laws impacted industry outcomes, or if the regulations had any unintended consequences
(4) Cost-benefit analyses (where called for) and discussions of innovation
(5) Inclusion of references to sources of information (footnotes and reference lists will not count toward the “1000 to 1100” word limit)
