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| Eddy Sun created a new solar power light bulb that was substantially less expensive than any other light bulbs in the marketplace. As a result of the low cost of the bulb and the low cost to use the bulb, Sun’s bulb soon gained 80% of the light bulb market. Sun’s market share was a direct result of consumers simply demanding Sun’s light bulb because it was the most cost efficient bulb available. Nevertheless, one of Sun’s competitors has sued Sun for engaging in monopolization, a violation of Section 2 of the Sherman Act. What is the likely outcome of the lawsuit? A. The lawsuit will succeed; this is an example of an illegal tying arrangement. B. The lawsuit will fail. Sun has demonstrated no intent to monopolize; his market share is a result of having a superior product. C. The lawsuit will fail; only the government, not private parties, can sue for violations of the antitrust laws. D. The lawsuit will succeed; an 80% market share is presumptively illegal. |