1. Business
  2. Economics
  3. in chapter 4 of the textbook we discuss the powers...

Question: in chapter 4 of the textbook we discuss the powers...

Question details

In Chapter 4 of the textbook, we discuss the powers of the federal government. One power of the federal government is to regulate commerce. In Chapter 5, there is a discussion on how the federal government can regulate business in order “to advance the nation’s economic needs” (Twomey & Jennings, 2017). Link to the video: https://youtu.be/LsKYlDdVVQc

There was a lawsuit against Apple relating to possible illegal antitrust activities. The lawsuit is discussed in a video posted in the Learning Unit for this week of class.

  1. What type of violation was noted in the news story? What law would make the alleged actions by Apple illegal?
  2. What provision of the Constitution provides the power to the federal government to regulate this behavior by a business (the US Constitution is in the Appendix of the textbook)?
  3. Who are the various stakeholders impacted by the federal government suit?
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