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Antitrust laws were essentially created to stop businesses that got too large from blocking competition and abusing their power. Mergers and monopolies can limit the choices offered to consumers because smaller businesses are not usually able to compete. Although free and open competition ensures lower prices and new and better products, it has the potential to significantly limit market diversity.
Review the following examples of how mergers and acquisitions have affected the way in which companies do business.
Prepare a research paper in APA format that demonstrates your analysis of the international legal issues that are involved in both examples.
Submitting your assignment in APA format means, at a minimum, you will need the following:
Federal antitrust enforcers are investigating whether a multinational pharmaceutical company has attempted to minimize the impact of generic competition to one of its most profitable prescription drugs. This antidepressant drug is the company’s best seller, with sales last year of $2.11 billion, representing a 22% increase from the year before.
The Federal Trade Commission (FTC) is conducting an investigation to determine whether the company engaged in activities to prevent generic alternatives to the prescription drug from entering the market. Specifically, the FTC is challenging a practice among brand-name and generic drug manufacturers to agree to delay the introduction of the lower priced generic drugs to the market.
Answer the following questions:
The boards of 2 major telecommunications companies recently agreed to a $16 billion merger that would create the world’s largest telecommunications company in the world. Although some agree that the synergy between these companies could be dynamic, others feel consumers could ultimately pay the price for the merger, depending on which company becomes dominant in the various service areas.
Answer the following questions:
Individual Project Rubric
Deliverable requirements addressed; understanding of material and writer’s message and intent are clear
Scholarly research which supports writer’s position is properly acknowledged and cited direct quotations may not exceed 10% of the word count of the body of the assignment deliverable (excluded title page, abstract or table of contents if used, tables, exhibits, appendices, and reference page(s). Inclusion of plagiarized content will not be tolerated and may result in adverse academic consequences.
Critical thinking: Position is well justified; logical flow; examples
Structure: Includes introduction and conclusion; proper paragraph format and reads as a polished, academic paper or professional presentation, as appropriate for the required assignment deliverable
Mechanical: No spelling, grammatical or punctuation errors
APA: Deliverable is cited properly according to the APA Publication Manual (6th ed.)
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