to protect the rights of consumers (Pride102). Consumer protection was brought upon through several medians, but is primarily attributed to background legislation. The first major federal law to affect the marketing environment was the Sherman Antitrust Act of 1890, which prohibited contracts, combinations, and conspiracies to restrain trade, in an attempt to discourage monopolies (Pride 73). Many federal laws regarding consumer protection have since followed, such as the Wheeler-Lea Act of 1936
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The lingering effects of economic depression caused Harrison’s term to focus on reconstruction instead of perfection. Ergo, Harrison’s term saw a general 1% deflation rate to attempt to balance out the economy. Harrison signed the Sherman Antitrust Act of 1890 into law -- as funded and administered, the legislation had no teeth, but it established the goal of a check on corporations that later presidents like Theodore Roosevelt could exploit more fully. The panic of 1893 occurred during Harrison’s
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Assignment: Assignment one - essay Due Date: 20 August 2010 0 Introduction The following report goes into detail about the governments involved in a market economy, the government influences four main areas in the economy which are; enforcing antitrust laws, preserving property rights, providing a stable fiscal and monetary environment and preserving political stability. Also the report will cover why there can never be a truly ‘free market’ economy, where there is absolutely no government intervention
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Breaking Up Big Banks Hard to Do as Market Forces Fail By Christine Harper - Jun 26, 2012 11:00 PM CT Seventeen years ago fund manager Michael F. Price spurred the merger of Chase Manhattan Corp. and Chemical Banking Corp., creating what was then the biggest U.S. bank and laying the foundation for JPMorgan (JPM) Chase & Co. Now he has a new message: It’s time to break up. Enlarge image Breaking Up Bank Conglomerates Hard to Do as Market Forces Fail Andrew Harrer/Bloomberg
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operations. [edit] References ^ Aspentech Corporate Overview http://www.aspentech.com/corporate/press/media_kit.cfm ^ Facts at a Glance http://www.aspentech.com/corporate/press/media_kit.cfm ^ FTC ruling on Hyprotech acquistion antitrust case http://www.ftc.gov/opa/2004/07/aspen.shtm ^ Aspen Technology Notice of Delisting http://sec.gov/Archives/edgar/data/929940/000110465908026947/a08-12371_18k.htm ^ AMR Research (2008-01-04). "Aspentech's Revamp and the Petroleum and
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The dual court system of the United States is the division between the federal and state court system. Both levels of the court system have three basic tiers that consist of trial courts, appellate courts, and finally courts of last resort, the supreme court. The function of the dual court system is to prevent the federal judiciary from becoming too powerful. The distinction between federal and state courts is defined mainly by jurisdiction. Jurisdiction in this case are the kinds of cases a court
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broken contracts, and family disputes -- are usually tried in the states court. The only cases that the state court is not allowed to hear are lawsuits against the United States and those involving certain specific federal laws such as criminal, antitrust, bankruptcy, patent, copyright, and some maritime cases. The Federal courts may hear cases concerning state laws if the issue is whether the state law violates the federal Constitution. Suppose a North Carolina State law forbids slaughtering animals
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of MCI Communications, a company with more than two-and-a-half times the revenue of WorldCom. Ebbers' acquisition strategy largely came to an end by early 2000 when WorldCom was forced to abandon a proposed merger with Sprint (NYSE: S) because of antitrust objections ..." (Federal Bankruptcy Report, 2002) The fraud was accomplished in two main ways. First, WorldCom's accounting department underreported 'line costs' (interconnection expenses with other telecommunication companies) by capitalizing these
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high-level programming language, namely C. This meant that it could be installed on virtually any computer for which a C compiler existed. This natural portability combined with its low price made it a popular choice among universities. (It was inexpensive because antitrust regulations prohibited Bell Labs from marketing it as a full-scale
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Bitter Competition: The Holland Sweetner Company vs. NutraSweet (A) Jon Bain-Chekal Introduction: The worldwide aspartame market has enjoyed patent protected financial prosperity since the early 1980’s. In 1986 the world demand for aspartame was 5,730 tons annually with future projected world demand reaching 10,000 tons annually, a 75% increase over 1986 demand. The Monsanto Corporation, the current owner of the rights to manufacture aspartame, under the brand name NutraSweet (NS), reported 1986
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