FINAL EXAM: INNOVATION, MARKETING STRATEGY, AND ANTITRUST
(LGST 205, LGST 805, MKTG 260, MKTG 760)
THE WHARTON SCHOOL, UPENN
SPRING SEMESTER 2021, PROFESSOR HOVENKAMP
Distributed April 22; Due April 29 (midnight)
This is an open book, take home essay; however, you are limited in the reading materials that you can use to answer the question. The exam is cumulative, but it will focus on the materials from the second part of the course. These include: Topics #7 – #11 (through BMI) and the posted PowerPoint slides. You may also rely on the material that we covered in the first part of the course, which includes PRINCIPLES OF ANTITRUST, Chs. 1, 3, 6-7; Topics #1 – #6; and related slides.
Your answer should be an analytic memorandum and it should draw specific conclusions. Adhere strictly to the word limit, which is 1000 words. Do not consult with anyone, whether a student in this class or someone else. Write your essay in Microsoft Word, including your name and email address at the top. It is due midnight, April 29. When you save your file make sure that the filename includes your own last name.
Email your exam to both Prof H (hh[email protected]) and Briana ([email protected])
NewsShare is a professional digital platform that specializes in content oriented toward journalists and other participants in news-gathering and production. Its content includes digital photographs and video that are posted by users and classified by subject matter. In addition, NewsShare posts two-party messaging, and also specialized message boards with discussion subjects, including reviews of professional cameras and other reporting gear, political reporting, weather, arts, human interest, and so on. Most of NewsShare’s users are journalists, editors, film producers, including freelancers operating in these areas. NewsShare is generally free to users and is supported by advertising as well as some product sales. For example, while viewing videos or photographs on NewsShare is free-of-charge, news outlets and freelancers can purchase licenses to posted videos or photographs and then reprint them in their publications or play them on their television stations or websites. These fees are set by the poster of the content, and typically range from $5 to $15 per photo or $5/minute for video content. Users pay this money directly to NewsShare through a standard e-commerce shopping cart on the website. NewsShare then pays these monies over to the posting content-owner, after taking out a 30% commission.
NewsShare is not the only platform in this space, but it is the largest among its close competitors, which include DigitalNewsServices and NewsNetwork. Of these, NewsShare has a market share of about 65%, DigitalNewsServices 25%, and NewsNetwork 10%. However, in the broader market for the various services that NewsShare covers, its market share is much smaller. For example, it accounts for less than 2% of internet-posted photographs and 1% of internet-posted videos. It has even smaller market shares in the general messaging and general message board market.
Several things have occurred in the previous months that have caught the attention of the Justice Department, where you are employed:
1. NewsShare has announced that it will no longer post users’ videos unless they agree not to post them on any other platform.
2. In 2020, NewsShare and DigitalNewsServices agreed to cross license battleground photographs from war zones, which are very dangerous to take. Under the agreement, any photograph of this kind that is posted on one website will be available on both.
3. Under the same agreement, all cross-licensed battleground photos will be sold to subscribers at a price of $35 each.
4. NewsShare’s smallest competitor, NewsNetwork, has been researching and patenting a powerful specialized search engine that promises to be an important tool but that could divert substantial business away from NewsShare when it is deployed. NewsShare informs NewsNetwork that it will withhold all of its photo and video content from NewsNetwork unless it abandons the search engine project.
Write a 1000-word memorandum analyzing these practices and recommending whether the Antitrust Division should challenge any or all of them under the antitrust laws. If you need any additional facts in order to complete your analysis, state what those facts are. Submit your memorandum by midnight, April 29.
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
There is a very low likelihood that you won’t like the paper.
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more