Question

In: Finance

Research the recent history of the federal government's assertion that FAANG should be charged with antitrust...

Research the recent history of the federal government's assertion that FAANG should be charged with antitrust violations and discuss your concept of antitrust as a crime in light of the accusations. Should intent be a necessary element of antitrust violation? In light of current events, should prosecuting these companies for antitrust still be a concern?

Solutions

Expert Solution

FAANG stocks are generally accused of violations of antitrust laws and they are paying lesser amount of taxes so governments are always trying to to regulate them in relation to antitrust laws so that they can pay higher amount of taxes to the government because cases like Amazon which is leading in the electronic commerce and which is the leading American conglomerate is more often accused that it is violating federal antitrust law by monopolising the online retail market place through agreement with third party sellers.

Antitrust regulations are those regulations which are regulating the trade and commerce and protecting market from abusive practices such as fixation of price and discrimination of price and monopolization so they can protect the interest of various stakeholders and help in unstable development of economy.they are aiming at protection of economic freedom and opportunity by promoting free and fair competition in the market place.

Intent should be made a necessary element of antitrust policy because any company which is intending to abuse the authority and they are engaged in practices like price fixation sand price discrimination along with monopolization should be charged with antitrust laws.

Prosecution of these companies are often a matter of concern because they are highly market capitalised company and they are leading company of United States of America so they cannot be easily prosecuted but there should be appropriate measure which should be regularly taken in order to to maintain share market priceprice and protect other players from price discrimination so that the goal of protection of economic freedom and opportunity by promoting free and fair competition in the market place can be established.

jeff jeffy answered 1 year ago
Next > < Previous

Related Solutions

Which of the Federal Government's Policy Tools should be used with the appropriate action to be...
Which of the Federal Government's Policy Tools should be used with the appropriate action to be taken to deal with the following economic situations? 1.  Significant decreases in the real GDP for 3 straight quarters 2.  Increases in the unemployment rate over the past 6 months 3.  Monthly increases in the producer price index for the past 4 months 4.  A severe depression 5.  Significant increases in the CPI over the past 6 month  
Which of the Federal Government's Policy Tools should be used with the appropriate action to be...
Which of the Federal Government's Policy Tools should be used with the appropriate action to be taken to deal with the following economic situations? 1.  Significant decreases in the real GDP for 3 straight quarters 2.  Increases in the unemployment rate over the past 6 months 3.  Monthly increases in the producer price index for the past 4 months 4.  A severe depression 5.  Significant increases in the CPI over the past 6 month  
Research and write the history of the United States Federal Income Tax Law.
Research and write the history of the United States Federal Income Tax Law.
Briefly describe the history of antitrust policies in the United States. What are the advantages and...
Briefly describe the history of antitrust policies in the United States. What are the advantages and disadvantages of highly concentrated industries? Does market power encourage or discourage innovation? Under what circumstances should the government use its antitrust authority to limit industry concentration and market power?
Briefly describe the history of antitrust policies in the United States. What are the advantages and...
Briefly describe the history of antitrust policies in the United States. What are the advantages and disadvantages of highly concentrated industries? Does market power encourage or discourage innovation? Under what circumstances should the government use its antitrust authority to limit industry concentration and market power?
Read the article “A Brief History of Mergers and Antitrust Policy” by Edward Herman, what are...
Read the article “A Brief History of Mergers and Antitrust Policy” by Edward Herman, what are two reasons in support of antitrust policy? What are two arguments in opposition to antitrust policy put forth by the “Chicago school”? Thank you.
The Indian government's recent ban on the export of lentils, to stabilize rising prices there, has...
The Indian government's recent ban on the export of lentils, to stabilize rising prices there, has led to shortages in New York and a steep increase -- depending on the type, sometimes double, or even triple -- in the price of lentils, which are a basic part of the Indian diet, a bulwark of its menus and a fixture in its kitchens. Indian lentils are still available… but prices have jumped. Some of the local Indian restaurants… are turning to...
Answer the following questions....... 1.) Select one of the key components of the Federal Government's National...
Answer the following questions....... 1.) Select one of the key components of the Federal Government's National Health Care Program and explain what that component includes. 2.)Share what economic effects you feel you have already seen or expect to see in the future with the national health care program. 3.)How do you feel the national health care program has impacted you personally up until this point?
You have been hired as an expert witness in a federal antitrust case. You are planning...
You have been hired as an expert witness in a federal antitrust case. You are planning your strategy for determining whether or not your client (the defendant in the case) has engaged in predatory pricing. How will you get started? In general what is your strategy? What must you do to successfully defend your client?
Describe the Horizontal Merger Guidelines used by the Federal Trade Commission (FTC) and the Antitrust Division...
Describe the Horizontal Merger Guidelines used by the Federal Trade Commission (FTC) and the Antitrust Division of the U.S. Department of Justice (DOJ) to prevent firms from merging into a single firm.
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT