Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Antitrust laws were essentially created to stop businesses that got too large from blocking competition and abusing their power. Mergers and monopolies can limit thechoices

image text in transcribed

Antitrust laws were essentially created to stop businesses that got too large from blocking competition and abusing their power. Mergers and monopolies can limit thechoices offered to consumers because smaller businesses are not usually able to compete. Although free and open competition ensures lower prices and new and betterproducts, it has the potential to significantly limit market diversity.Review the following examples of how mergers and acquisitions have affected the way in which companies do business.Prepare a research paper in APA format that demonstrates your analysis of the international legal issues that are involved in both examples.Submitting your assignment in APA format means, at a minimum, you will need the following:Title page: Remember the running head and title in all capital letters.Abstract: This is a summary of your paper, not an introduction. Begin writing in third-person voice.Body: The body of your paper begins on the page following the title page and abstract page, and it must be double-spaced between paragraphs. The typeface shouldbe 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA level headings and references. Thedeliverablelengthofthebodyofyourpaperforthisassignmentis5-7pages.Intextacademiccitationstosupportyourdecisionsandanalysisarerequired.Avarietyof academic sources is encouraged.Reference page: References that align with your in-text academic sources are listed on the final page of your paper. The references must be in APA format usingappropriate spacing, hang indention, italics, and upper- and lower-case usage as appropriate for the type of resource used. Remember, the reference page is not abibliography, but it is a further listing of the abbreviated in-text citations used in the paper. Every referenced item must have a corresponding in-text citation.Example 1Federal antitrust enforcers are investigating whether a multinational pharmaceutical company has attempted to minimize the impact of generic competition to one of its mostprofitable prescription drugs. This antidepressant drug is the company's best seller, with sales last year of $2.11 billion, representing a 22% increase from the year before.The Federal Trade Commission (FTC) is conducting an investigation to determine whether the company engaged in activities to prevent generic alternatives to the prescriptiondrug from entering the market. Specifically, the FTC is challenging a practice among brand-name and generic drug manufacturers to agree to delay the introduction of thelower priced generic drugs to the market.Answer the following questions:Why would the drug maker want to stymie generic competition? Explain your response.What types of legal barriers to market entry exist?What are the possible ethical dilemmas that are present in this example?Example 2The boards of 2 major telecommunications companies recently agreed to a $16 billion merger that would create the world's largest telecommunications company in the world.Although some agree that the synergy between these companies could be dynamic, others feel consumers could ultimately pay the price for the merger, depending on whichcompany becomes dominant in the various service areas.Answer the following questions:Why do you think consumer advocates have expressed concern over such merger possibilities?Other than pricing, what are some pitfalls that consumers might have to deal with when 2 major companies merge?What are the possible ethical dilemmas that are present in this example?Individual Project RubricGrading Criteria PercentageDeliverable requirements addressed; understanding ofmaterial and writer's message and intent are clear35%Scholarly research which supports writer's position isproperly acknowledged and cited direct quotations maynot exceed 10% of the word count of the body of theassignment deliverable (excluded title page, abstract ortable of contents if used, tables, exhibits, appendices,and reference page(s). Inclusion of plagiarized contentwill not be tolerated and may result in adverseacademic consequences.20%Critical thinking: Position is well justified; logical flow;examples20%Structure: Includes introduction and conclusion;proper paragraph format and reads as a polished,academic paper or professional presentation, asappropriate for the required assignment deliverable10%Mechanical: No spelling, grammatical or punctuationerrors10%APA: Deliverable is cited properly according to theAPA Publication Manual (6th ed.)5%This assignment will be assessed using additional criteria provided here.Reading AssignmentAugust, R., Mayer, D., and Bixby, M., chap. 8Assignment ObjectivesDescribe the changing perspectives for businesses based on ethical, global, political, economic, social, and environmental issuesClassify various legal issues, recall appropriate principles of law, and apply them to business situationsOther InformationThere is no additional information to display at this time.LegendExtra Credit View Assignment RubricAssignment OverviewType: Individual ProjectUnit: International Business EthicsDue Date: Sun, 11/6/16Grading Type: NumericPoints Possible: 200Points Earned: 0Deliverable Length: 5-7 pagesGo To:Assignment DetailsLearning MaterialsReading AssignmentMy Work:This assignment is the Common AssignmentOnline Deliverables: Submissions4:53 PM (CDT)Privacy Statement Terms and Conditions Contact Us2016AmericanInterContinentalUniversity. All Rights Reserved. Authorized Users Only.Unit 5 - Individual ProjectAssignment DetailsAssignment DescriptionAntitrust laws were essentially created to stop businesses that got too large from blocking competition and abusing their power. Mergers and monopolies can limit thechoices offered to consumers because smaller businesses are not usually able to compete. Although free and open competition ensures lower prices and new and betterproducts, it has the potential to significantly limit market diversity.Review the following examples of how mergers and acquisitions have affected the way in which companies do business.Prepare a research paper in APA format that demonstrates your analysis of the international legal issues that are involved in both examples.Submitting your assignment in APA format means, at a minimum, you will need the following:Title page: Remember the running head and title in all capital letters.Abstract: This is a summary of your paper, not an introduction. Begin writing in third-person voice.Body: The body of your paper begins on the page following the title page and abstract page, and it must be double-spaced between paragraphs. The typeface shouldbe 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA level headings and references. Thedeliverablelengthofthebodyofyourpaperforthisassignmentis5-7pages.Intextacademiccitationstosupportyourdecisionsandanalysisarerequired.Avarietyof academic sources is encouraged.Reference page: References that align with your in-text academic sources are listed on the final page of your paper. The references must be in APA format usingappropriate spacing, hang indention, italics, and upper- and lower-case usage as appropriate for the type of resource used. Remember, the reference page is not abibliography, but it is a further listing of the abbreviated in-text citations used in the paper. Every referenced item must have a corresponding in-text citation.Example 1Federal antitrust enforcers are investigating whether a multinational pharmaceutical company has attempted to minimize the impact of generic competition to one of its mostprofitable prescription drugs. This antidepressant drug is the company's best seller, with sales last year of $2.11 billion, representing a 22% increase from the year before.The Federal Trade Commission (FTC) is conducting an investigation to determine whether the company engaged in activities to prevent generic alternatives to the prescriptiondrug from entering the market. Specifically, the FTC is challenging a practice among brand-name and generic drug manufacturers to agree to delay the introduction of thelower priced generic drugs to the market.Answer the following questions:Why would the drug maker want to stymie generic competition? Explain your response.What types of legal barriers to market entry exist?What are the possible ethical dilemmas that are present in this example?Example 2The boards of 2 major telecommunications companies recently agreed to a $16 billion merger that would create the world's largest telecommunications company in the world.Although some agree that the synergy between these companies could be dynamic, others feel consumers could ultimately pay the price for the merger, depending on whichcompany becomes dominant in the various service areas.Answer the following questions:Why do you think consumer advocates have expressed concern over such merger possibilities?Other than pricing, what are some pitfalls that consumers might have to deal with when 2 major companies merge?What are the possible ethical dilemmas that are present in this example?Individual Project RubricGrading Criteria PercentageDeliverable requirements addressed; understanding ofmaterial and writer's message and intent are clear35%Scholarly research which supports writer's position isproperly acknowledged and cited direct quotations maynot exceed 10% of the word count of the body of theassignment deliverable (excluded title page, abstract ortable of contents if used, tables, exhibits, appendices,and reference page(s). Inclusion of plagiarized contentwill not be tolerated and may result in adverseacademic consequences.20%Critical thinking: Position is well justified; logical flow;examples20%Structure: Includes introduction and conclusion;proper paragraph format and reads as a polished,academic paper or professional presentation, asappropriate for the required assignment deliverable10%Mechanical: No spelling, grammatical or punctuationerrors10%APA: Deliverable is cited properly according to theAPA Publication Manual (6th ed.)5%This assignment will be assessed using additional criteria provided here

image text in transcribed 4:53 PM (CDT) Unit 5 - Individual Project Assignment Overview Go To: Type: Individual Project Unit: International Business Ethics Due Date: Sun, 11/6/16 Grading Type: Numeric Points Possible: 200 Points Earned: 0 Deliverable Length: 5-7 pages Assignment Details Learning Materials Reading Assignment My Work: Online Deliverables: Submissions This assignment is the Common Assignment Assignment Details Assignment Description Antitrust laws were essentially created to stop businesses that got too large from blocking competition and abusing their power. Mergers and monopolies can limit the choices offered to consumers because smaller businesses are not usually able to compete. Although free and open competition ensures lower prices and new and better products, it has the potential to significantly limit market diversity. Review the following examples of how mergers and acquisitions have affected the way in which companies do business. Prepare a research paper in APA format that demonstrates your analysis of the international legal issues that are involved in both examples. Submitting your assignment in APA format means, at a minimum, you will need the following: Title page: Remember the running head and title in all capital letters. Abstract: This is a summary of your paper, not an introduction. Begin writing in third-person voice. Body: The body of your paper begins on the page following the title page and abstract page, and it must be double-spaced between paragraphs. The typeface should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA level headings and references. The deliverable length of the body of your paper for this assignment is 5-7 pages. Intext academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged. Reference page: References that align with your in-text academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper- and lower-case usage as appropriate for the type of resource used. Remember, the reference page is not a bibliography, but it is a further listing of the abbreviated in-text citations used in the paper. Every referenced item must have a corresponding in-text citation. Example 1 Federal antitrust enforcers are investigating whether a multinational pharmaceutical company has attempted to minimize the impact of generic competition to one of its most profitable prescription drugs. This antidepressant drug is the company's best seller, with sales last year of $2.11 billion, representing a 22% increase from the year before. The Federal Trade Commission (FTC) is conducting an investigation to determine whether the company engaged in activities to prevent generic alternatives to the prescription drug from entering the market. Specifically, the FTC is challenging a practice among brand-name and generic drug manufacturers to agree to delay the introduction of the lower priced generic drugs to the market. Answer the following questions: Why would the drug maker want to stymie generic competition? Explain your response. What types of legal barriers to market entry exist? What are the possible ethical dilemmas that are present in this example? Example 2 The boards of 2 major telecommunications companies recently agreed to a $16 billion merger that would create the world's largest telecommunications company in the world. Although some agree that the synergy between these companies could be dynamic, others feel consumers could ultimately pay the price for the merger, depending on which company becomes dominant in the various service areas. Answer the following questions: Why do you think consumer advocates have expressed concern over such merger possibilities? Other than pricing, what are some pitfalls that consumers might have to deal with when 2 major companies merge? What are the possible ethical dilemmas that are present in this example? Individual Project Rubric Grading Criteria Percentage Deliverable requirements addressed; understanding of 35% material and writer's message and intent are clear Scholarly research which supports writer's position is 20% properly acknowledged and cited direct quotations may not exceed 10% of the word count of the body of the assignment deliverable (excluded title page, abstract or table of contents if used, tables, exhibits, appendices, and reference page(s). Inclusion of plagiarized content will not be tolerated and may result in adverse academic consequences. and reference page(s). Inclusion of plagiarized content will not be tolerated and may result in adverse academic consequences. Critical thinking: Position is well justified; logical flow; 20% examples Structure: Includes introduction and conclusion; proper paragraph format and reads as a polished, academic paper or professional presentation, as appropriate for the required assignment deliverable 10% Mechanical: No spelling, grammatical or punctuation 10% errors APA: Deliverable is cited properly according to the APA Publication Manual (6th ed.) 5% This assignment will be assessed using additional criteria provided here. Reading Assignment August, R., Mayer, D., and Bixby, M., chap. 8 Assignment Objectives Describe the changing perspectives for businesses based on ethical, global, political, economic, social, and environmental issues Classify various legal issues, recall appropriate principles of law, and apply them to business situations Other Information There is no additional information to display at this time. Legend Extra Credit View Assignment Rubric Privacy Statement Terms and Conditions 2016 American InterContinental University. All Rights Reserved. Authorized Users Only. Contact Us

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Intelligence A Managerial Perspective on Analytics

Authors: Ramesh Sharda, Dursun Delen, Efraim Turban

3rd edition

133051056, 978-0133051056

More Books

Students also viewed these Accounting questions

Question

What is physical database design?

Answered: 1 week ago