Question

In: Economics

let talk about the Anti trust laws, Could you guys talk about the impact of the...

let talk about the Anti trust laws,

Could you guys talk about the impact of the Sherman act and the Clayton on the american business?  

Solutions

Expert Solution

Sherman Act and Clayton Act are the two of the most important laws that prohibited monopolization and anti-competitive practices in the American Business Environment. To prevent the arm-twisting tendencies of the big businesses and tendencies of the firms to form cartels and restrict entry of the new firms, Sherman act was created in 1890. It helped to create a business environment that was free from anti-competitive practices. But, it required an upgrade and Clayton Anti-trust act was created in 1014. It was more detailed, came up with the process to eliminate the prohibitive trade practices, implement the practices that protect the best interests of the consumers. It also came up with the exemptions so that it will not discourage the big companies who operate at a level of economy of scale. These anti-trust laws famously prohibited Microsoft from applying anti-competitive practices when Microsoft Bundled Internet explorer with Windows OS against Netscape Navigator browser. On a similar note, these laws helped building a business environment where small companies could also operate without fear of being bullied by the big companies. Such laws create an American business landscape where numerous new patents and other copyrights are filed every year and small innovators can also flourish along with the big MNC companies. In this sense, these acts have a huge impact upon the American business environment.


Related Solutions

explain the rise of anti-trust laws in the late 19th How did anti-trust laws shift after...
explain the rise of anti-trust laws in the late 19th How did anti-trust laws shift after WW1? (WW1 ended in 1918) What does the documentary mean that anti-trust laws depend on politics more than any other area of law?
what is your opinion on anti-trust laws?
what is your opinion on anti-trust laws?
what the key provisions of major anti-trust laws is as well as the definitions for things...
what the key provisions of major anti-trust laws is as well as the definitions for things like: predatory pricing, limit pricing, loss leader pricing, bundle pricing, tie-in contracts, types of mergers etc.
Below is a link to the New York Times articles on anti-trust laws. and competition issues....
Below is a link to the New York Times articles on anti-trust laws. and competition issues. there are articles on different industries and the conflict of law as to whether the types of businesses are allowed or not. There is also much controversy within one of the articles on Tech giants. What are your thoughts after having read one or more of these articles? You may certainly use these as references to add to your posts. https://www.nytimes.com/topic/subject/antitrust-laws-and-competition-issues
Briefly summarize the contents of the 5 key anti-trust laws. and what are the two government...
Briefly summarize the contents of the 5 key anti-trust laws. and what are the two government agencies that enforce anti-trust law in the u.s
Question 2 – Government Intervention as Anti-Trust Laws Sometimes governments intervene with the markets; the reason...
Question 2 – Government Intervention as Anti-Trust Laws Sometimes governments intervene with the markets; the reason for the intervention might be a concern about allocative efficiency, or production inefficiency or some “fairness” issue. Your task here is to explain the motivation for government instituting laws against forming cartels (price fixing). Analyze the situation before and after government intervention, and then conclude by referring to the possible reason for intervention.
11. List a briefly explain the primary anti-trust laws that deal with monopoly. 12. List several...
11. List a briefly explain the primary anti-trust laws that deal with monopoly. 12. List several barriers to entry and explain the importance of them.
I am trying to make power point about information technology in distance education. Could you guys...
I am trying to make power point about information technology in distance education. Could you guys help asap?
what is the article " Impact of Environmental Gentrification on School Quality" talk about?
what is the article " Impact of Environmental Gentrification on School Quality" talk about?
When we talk about Physics (Einstein's) laws we use notions of distance and velocity. Take for...
When we talk about Physics (Einstein's) laws we use notions of distance and velocity. Take for example objects A and B. In A's base at specific moment of time there's definite distance to B and definite B's velocity. But if there's a short wormhole staring near A and ending near B there's no more definite distance. There're actually two distances from A to B - e.g. long and short. If the B's end of wormhole moves at B's speed (in...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT