The Ethics Of The Antitrust Laws Essay - 1384 Words

Review Article on the purpose of the antitrust laws is to protect and support free competition Dr Gaurav Khanna, - Associate Professor, Madhav University, Rajasthan, India. Dr. Deepak Bhandari - Professor, FDDI, Jodhpur, Rajasthan, India. Abstract: As per review on many journal, articles and bylaws we come to know that it is not an alternate for sound lawful guidance and does not take the place of knowledgeable lawful counsel required in analyzing exact problems. Competition strategy encroaches ahead all aspects of marketplace able behavior and policy. In India, companies have to act in accordance with opposition laws, both in family member to transactions and marketplace able performance. Before the Competition Act 2002 came into outcome the MRTP Act, 1969 was the governing legislation in admiration of the competition guiding principle in India. In this article we would like to through light on safety towards free competitions, advertisement and promotions, monopoly power, different acts working under antitrust etc. we also through light on different aspects on you and your customer and competitors itself. We represent clients before the Competition Commission. We also conduct due industry with respect to all merger, acquisition, joint venture with suitable anti-trust safeguard procedures and policies. Keywords: Antitrust laws, free competition, legal allegations and penalties. Introduction : This discussion is not intended to be a legal treatise or a detailedShow MoreRelatedBusiness Ethics and Corporate Social Responsibility756 Words   |  4 PagesBusiness Ethics and Corporate Social Responsibility April Duhon DeVry University The United States has several laws that are intended to further fair, balanced, and competitive business practices. Do you think that such laws are effective? If so, why? If not, why not? The effectiveness of the laws that the United States have that are intended to further fair, balanced, and competitive business practices depends on how ethical a business is. Below I will explain why I do not believe theseRead MoreUnited States V Microsoft: a Case for Antitrust Ethics Courses1182 Words   |  5 PagesUnited States v Microsoft: a Case for Antitrust Ethics Courses Eva Marie Cole BUS 670 Prof. Troy Tureau October 17, 2011 United States v Microsoft: a Case for Antitrust Ethics Courses In 1994, Microsoft Corporation was sued by the Department of Justice on behalf of the United States for violating  §2 of the Sherman Act â€Å"†¦by engaging in monopolization through a series of exclusionary and anticompetitive acts designed to maintain its monopoly power† (Mallor, Barnes, Bowers, amp; Langvardt,Read MoreCan Oral Contract Be Binding?1403 Words   |  6 Pageschallenges are that physicians are required to care of all insurance patients without considering reimbursements. Another point with adhesion contract is physicians normally are aware of the alteration in the fee schedule by the health care insurance. Antitrust What are the two types of problems that the Sherman Act was enacted to deal with? The first problem is a person who makes a contract or take on any conspiracy is declared to be illegal, shall be found as a felony and will be convicted of such criminalRead MoreEthical Dilemm Conflict Of Interest901 Words   |  4 Pageswas given or received? 4. What are the position and sensitivity to influence of the person receiving the gift? 5. What is the accepted business practice in the industry? 6. What is the company’s policy? 7. What is the Law? It is based on these factors that I would assemble an ethics board to address the situation. Business transactions should always be free from even a perception that favorable treatment was sought, received, or given as the result of furnishing or receiving gifts, favors, hospitalityRead MoreState Farm Ethical Principles And Expectations938 Words   |  4 Pagesbusiness attempt to have as structural conducts and aid the employees consume principles to make ethical choices that guards the business. In a culture with a diverse assessment structure and augmented judgment visibly by companies with changeable ethics and interests, there appears to be further difficulties on business individuals to make tougher ethical assessments. In our day-to-day performances, we depend on on our ethical principles to monitor us in the correct path and do the correct thingsRead MoreCase Study of Bill Gates1348 Words   |  6 PagesMGMT 368 CASE ANALYSIS EXAMPLE C THE CASE OF BILL GATES MGMT 368B BUSINESS ETHICS PROBLEM ISSUE AND IDENTIFICATION WHAT ARE THE CENTRAL FACTS OF THE CASE? *William ‘Bill Gates III, Microsoft Corp Chairman, is the most wealthiest businessman there is (http://www.reviewjournal.com/1vrg_home/1997/Apr-02-Wed-1997/news/5134242.html). *Microsoft does not pay its workers as well as some competitors do; however, many workers get stock options. As a result, the worth of these stock optionsRead MoreThe Ethics Of The Workplace1554 Words   |  7 Pages Ethics in the Workplace We as individuals come across situations in our daily lives that force us to make decisions that we may always agree with morally as well as decisions that may push our moral compasses to their limits. If you are a working professional no matter what the field, these decisions can come with big ramifications, good or bad. I have come to find that with every individual there comes a different set of beliefs, attitude, boundaries and ethical views. We do not all share theRead MoreStrategy for Competing with Microsoft: Fight or Flight?978 Words   |  4 Pagesnot fair to its market competitors. They were indirectly forcing computer buyers to use only Microsoft products which wasgradually destroying its rivals but in an unethical way, which was not right. Such a strategy was unfair and against business ethics. Microsoft was in a dominant position and they were abusing the power of that position to destroy its competitors. Fair competition between businesses is one of the guiding pri nciples for the economic development of any country. It offers the consumersRead More1Business Ethics Is The Application Of Essay1137 Words   |  5 Pagesï » ¿1. Business ethics is the application of legal and regulatory standards to business situations. a. True b. False 2. Misleading advertising in print or television is illegal as well as unethical. a. True b. False 3. Cultural norms can play a part in a persons ethical or unethical behavior in the workplace. a. True b. False 4. Regulations and laws were much stricter in the first quarter of the twentieth century than they are now. a. True b. False 5. The Interstate CommerceRead MoreLWC1 Study Guide1467 Words   |  6 Pagesdown the ones you miss so that you can focus on specific topics. Chapter 1: 1. How would you define â€Å"business ethics†? 2. How has â€Å"business ethics† developed over time? 3. What is involved in developing an ethical culture in an organization? 4. What are three benefits to business of a clear ethical framework? Chapter 2: 1. What are various stakeholder roles in business ethics? 2. What is an accepted definition of social responsibility? 3. Describe relationships between stakeholder orientation