Q1. Please construct a 150-2000 word response to the following topic/questions as it relates to the recent AT&T and T-Mobile merger fell through partly due to government opposition:

• Elucidate exactly Illustrate what the government actually did and why this merger is not occurring.

• Areas of comment include: the FCC, the SEC, and finally, the anti-competitive aspects of additional concentration in the industry.

• Insight as to explain how mergers make sense from the corporate viewpoint. Then consider how a regulator must balance public interests.

Q2. Illustrate what type of agency problem is involved here?

Why would a chain such as Marriott tend to own its hotels in resort areas, such as national parks, where there is little replicate business and franchise hotels in downtown areas where there is a lot of repeat business?