Classify various legal issues, recall appropriate principles of law, and apply them to business situations
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. In-text 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 companys 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.
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