Monopolies” Please respond to the following:
- In today’s economy, there are a wide number of powerful companies who from all appearances control massive segments of different markets. Using the Internet, identify one (1) example of a large company that has (or might be) engaged in anticompetitive behavior. Next, suggest three (3) ways that this behavior could be viewed as either a horizontal or vertical restraint of trade. Provide support for your response.
- In your response to another student, take a contrary view and discuss why you believe the behavior identified could be deemed as not being a restraint of trade. Justify your response.
Stare Decisis” Please respond to the following:
- Each year, the U.S. Supreme Court issues around 100 legal decisions, most of which are controversial. Despite their controversial nature, these decisions are rarely overturned due to the doctrine of stare decisis. Select one (1) U.S. Supreme Court decision issued in the past 10 years relating to the regulation of business and provide a rationale for why the decision should be returned notwithstanding the doctrine of stare decisis.
“Rules of an Employer” Please respond to the following:
- Two stockbrokers, in clear violation of the rules of their employer, sold worthless stocks to unsuspecting customers. There was no question that the brokers had the actual or implied authority to sell the stock. The customers who lost money sued the brokerage firm, contending it was liable for their losses because the brokers had apparent authority. Based on this scenario, debate whether or not you believe these stockbrokers had apparent authority. Next, speculate on how the outcome of the customer’s suit against the brokers will turn out. Explain your rationale.
