Answered You can hire a professional tutor to get the answer.
Create a 3 page essay paper that discusses 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
Create a 3 page essay paper that discusses 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.
Numerous attempts have been made by the United States to make sure that regulatory systems exist to control monopolistic entities and aggressively enterprising organizations. This control is geared towards not only protecting consumers, but also smaller business trying to grow. Numerous laws have been enacted over the years, for example, the Clayton Act to work towards preventing monopolies. Collectively the laws are referred to as antitrust legislation. This paper investigates the effectiveness of such laws within the United States.
The courts have a tendency of being vague when it comes to antitrust regulations. According to the legal systems, thee antitrust laws are intended for the promotion and preservation of competition and enterprise system that is free (Blaisdell, 2008). This vague definition does not do much to enlighten one who wants to know about the laws or is doing business and wants to abide by them. There is no clear layman explanation of these laws and their application. The only way one can have a better understanding of the antitrust laws is by looking at the ruling of cases heard before.
The reality of the matter is that interpreting these laws whether in theory or practically can lead to wrong conclusions. The interpretation of the laws by the legal infrastructure make one assumption that the independence of buyers and sellers in the business decision making process encourages completion. The decisions can be made by competitors who will agree on market shares, product restrictions among other things. If these decisions are made independent of the consumer, they might end up suffering as they are not involved in the decision making process. The exclusion of the customer needs within the decisions made by companies may end up limiting choice. The decisions made by the companies may be legally sound but logically, they are hindering the intent of the competition.
There is a necessity to set up robust infrastructure to ensure that antitrust
