Economic

Read the Kodak Case Study document and answer the specific questions in no less than 200 to 300 words. Your responses should incorporate materials covered in Chapters 6, 7, 8, and 11.

Case Study 2: Kodak Appeals to Court to Terminate 1921 and 1954 Decrees that Restrict Pricing Policies

Case Summary (20 Points) (no less than 300 words) and include the economic principles covered in chapters 6, 7, 8 and 11.

QUESTIONS: 

Your responses to the following questions shall include the economic principles covered in chapters 6, 7, 8 and 11 and be no less than 300 words each.

1. What      are the decrees affecting Kodak’s actions? Why were they put into place? (20      points)
2. Who      are the competitors for Kodak? What      market share does Kodak have compared to its rivals? What competitive      advantages does Kodak have? (20      Points)
3. What evidence does the government provide that Kodak still maintains significant market power in the United States? (20 Points)
4. What      risks are associated with terminating the decrees? More specifically, what actions might      Kodak take that would hurt competition or unfairly hurt competitors? (20      Points)