Project #42965 - Short analysis of Facebook acquiring Whatsapp

Read the attached article and promote discussion on topic and expand by answering questions and using any outside examples you feel are relevant. Below are some questions to pick from when creating 2-3 paragraphs of discussion. 

 

How do economists determine whether two or more products are in the same market?

How do economists determine whether Skype, Facebook, and WhatsApp are in the same market?

What is the effect of narrowly or broadly defining a market on whether a merger is approved?

 

What are network externalities (demand-side economies of scale)?

Are network externalities a barrier to entry?

How do they affect the antitrust evaluation of Facebook's acquisition of WhatsApp?

Subject Business
Due By (Pacific Time) 10/11/2014 07:00 pm
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