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After reading chapter 21 and conducting original research (minimum of five sources) discuss the evolution of anti-trust policy in the United States in both terms of statutes and interpretations. The paper should include at least the following main points:

What types of mergers/business combinations exist
What has been the general trend in market concentration the past 20 years?
How is market concentration measured?
What was the first major anti-trust law and what are some important cases in American history?
What is the consumer welfare standard for anti-trust?
The paper should be at least 500 words. Please include your view with support and have a conclusion.

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