With the rise in popularity of digital downloads of both songs and other media, increased focus has been placed on the matter of copyright laws. Although a term often used in conversation, many individuals do not know what is contained in these laws and who the legislation attempts to protect. Consider the following scenario:

You and a business associate are discussing some legal issues with which your organization is dealing. In frustration, he states, "We have all of these laws in effect to protect people, but do they really?"

In your response to him, describe the following laws, stating what they are, and how they work, and then defend why they are important:

Copyright laws

Antitrust laws

Insider trading

In today's age of competitive global business, do these laws make sense at the national level or should they also apply at the international level? If so, who should enforce them at the international level