Professor: Dave Trafton
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? Be sure to provide evidence to support your position one way or the other.
The United States has several laws that are intended to further fair, balanced, and competitive business practices. These laws are typically effective as control measures to ensure fair business practices are followed. Determining the success or failure of specific legislation or regulations can be relative to what angle you are looking from. With these anti-trust laws we are insured safeness from unreasonable trade, price discrimination, and unfair and …show more content…
The antitrust laws accomplish these goals by promoting and fostering competition in the marketplace and preventing anticompetitive mergers and business practices.
References
Act of July 2, 1. A.-T. (1890, July 2). Enrolled Acts and Resolutions of Congress, 1789-1992; General Records of the United States Government; Record Group 11. Retrieved from National Archives.: http://www.ourdocuments.gov/doc.php?flash=true&doc=51
An Antitrust Primer. (n.d.). Price Fixing, Bid Rigging, and Market Allocation Schemes:What They Are and What to Look For. Retrieved from justice.gov: http://www.justice.gov/atr/public/guidelines/211578.htm
FDIC Compliance Manual. (2014, January). Federal Trade Commission Act. Retrieved from fdic.gov: http://www.fdic.gov/regulations/compliance/manual/pdf/VII-1.1.pdf
Pitofsky, E. M. (n.d.). Institute for International Economics. Retrieved from