9-700-082 DEBORA SPAR Forever: De Beers and U.S. Antitrust Law Educational material supplied by The Case Centre Copyright encoded A76HM-JUJ9K-PJMN9I Order reference F267708 CoursePack code C-788-275379-STU “As a worldwide dealer in enchanting illusions, Disney has nothing on De Beers.” - The Economist1 In 1999, a series of spectacular advertisements adorned the bus-sides and billboards of major American cities. Set against a lush black background, the ads displayed a perfect set
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Dealing with Today’s Antitrust Behaviors4 Dealing with Today’s Antirust Behaviors DeVry 2014 Economics Professor Sasser Antoinette Ellis November 23, 2014 Introduction Healthcare and medical practices are trending more towards the use of oligopoly. Most healthcare organizations and health insurance companies are now consolidation to offset unforeseen costs as a result of the Healthcare Reform. A complaint filed by the FTC in early August 2014 against
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Contents Introduction …………………………………………………………..page 1 Microsoft Antitrust Investigation……………………………………..page 2 Market Structures……………………………………………………..page 3-4 Disadvantages of Monopoly Market………………………………….page 4 Advantages of Monopoly Market…………………………………….page 4-5 Conclusion…………………………………………………………….page 5 References…………………………………………………………….page 6 Introduction The purpose of this paper is to identify an antitrust investigation for a firm, to discuss the reason for the investigation, and the
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Antitrust Practices Michael D. Kelley Chamberlain College of Nursing Principles of Economics Econ-312N Allison Thomas March 24, 2013 Antitrust Practices The search for a current antitrust case has led me to the Department of Justice (DOJ) website and to something near and dear to my heart, beer. Upon reading a few articles, it has been proposed by the DOJ that Anheuser-Busch has requested to buy Modello, the third largest brewer in the country, therefore threatening competition and subsequently
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States as antitrust law, is law that promotes or maintains market competition by regulating anti-competitive conduct by companies.[1] The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European
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Running Head: ANTITRUST MATTERS Antitrust Matters Antitrust Matters What is Antitrust Law Anti-trust law is a law designed to ensure free competition in an open market. The first anti-trust laws have emerged in the United States at the end of 19th century: some companies were so powerful that they had a monopoly or quasi-monopoly in the sector. Companies like Standard Oil and American Tobacco have been dismantled through anti-trust laws. In addition, the antitrust laws prohibit price fixing
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References……………………………………………………………..page 5 O’Bannon versus NCAA Introduction In 2009, former UCLA basketball player Ed O’Bannon filed a lawsuit against the National Collegiate Athletic Association (NCAA), alleging that the NCAA had violated antitrust laws (specifically the Sherman Act) by colluding with colleges that participate in NCAA sports. The plaintiffs (Ed O’Bannon and 19 others) claimed that the NCAA had made money off their images in television programs and video games (www.espn.com)
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Antitrust Laws After much research and investigations on Antitrust Laws, and reading up on individual cases, I think that overall Antitrust Laws are effective and good for the people. Without the Sherman, Clayton, and Federal Trade Commission Act, there would be a monopoly of every industry, trade, marketing, and services. This would in-turn lead to higher prices for the consumer, lower quality products, less innovation, and poor service. As I mentioned in my opening sentence, I will bring up
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1. Why was the firm investigated for antitrust behavior? Back around 2003 there were complaints made by dentists to the North Carolina State Board of Dental Examiners about non-dentists that were providing teeth whitening services at low cost. The Board, after hearing the complaints, issued cease and desist letters to all twenty nine teeth whitening providers who weren’t dentists. This effectively ousted all non-dentists from the teeth whitening market. 2. Identify some of the costs (pecuniary
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the Auto Supply Industry Introduction Antitrust laws are set into place with the goal of preventing monopolization, promoting competition within markets and allowing for the efficient allocation of resources. These goals are meant to support the economic well being of society by allowing for less of an efficiency loss, as well as less lost income from the consumer (McConnell, Brue & Flynn, 2012, p. 375). There are companies that break such antitrust laws, either knowingly or unknowingly, and
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