Describe the conditions set out by the Supreme Court, under which the federal antitrust laws must defer to states' regulatory choices.
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Describe the conditions set out by the Supreme Court, under which the federal antitrust laws must defer to states' regulatory choices.
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- the tragedy of commons, in Hardin's sense, often plays itself out in environmental ways, from generic human self-interest to overuse of finite resources and environmental degradation. How might the tragedy of the commons, as enacted through commercial enterprise, play out with respect to society? Isolate some examples of the tragedy of the commons, and discuss whether a resolution to this problem is possible, and if so, how it might come about.The Federal Trade Commission (FTC) files suit against Yange Corp. under § 2 of the Sherman Act. To be successful, the FTC must prove that Yange Corp. possesses monopoly power in the relevant market and that the monopoly power was obtained by illegal means. The FTC has no direct evidence that Yange is using its power to control prices and restrict output. The FTC, therefore, must show that Yange Corp. has monopoly power indirectly, by showing that Yange Corp. has a dominant share of the relevant market and that there are significant barriers for new competitors entering that market. The FTC can calculate the market share that Yange Corp. has by: showing the total sales that Yange Corp. has ever had. × showing the net revenue that Yange Corp. had during their year of highest profits. looking at the company's sales compared against the total sales of the industry within a specific period. taking the total sales of the industry over one year, and comparing against industry sales over prior…Please list and describe the different categories of Intellectual Property.
- 1. Regarding the Endangered Species Act (ESA), the following statement is true: The act limits its scope to protection with no recovery plans for the species it protects. The act does not allow courts or regulators to take economic factors into consideration in applying its provisions. The act was passed in the year 1952 under the guidelines given by the panel on the Council on Environmental Quality. The act has its scope limited to private businesses. The act provides for exemptions that are applicable to private activities for certain important federal projects. 2. Under the Securities and Exchange Commission's (SEC) quasi-judicial power, it has the right to regulate the various stock exchanges. appoint commissioners. conduct investigations. create legislation relating to federal securities laws.…Describe the sources of environmental law, and differences between common law and statutory law?Over the years, the Red Cross has been guided in its use of donations by honoring donor intent. This policy helped the organization deal with a major ethical challenge after the terrorist attacks of September 11, 2001. The Red Cross received more than $1 billion in donations and initially diverted some money to ancillary operations, such as creating a strategic blood reserve. After donors objected, however, the organization reversed its decision and – honoring donor intent – used the contributions to directly benefit people affected by the tragedy. Should the American Red Cross have reversed its initial decision to divert some of the money donated for September 11 relief efforts to pressing but ancillary operations? Support your chosen position.
- Explain the difference between common law and statutory law.A country western singer signed a contract with permission of her parents/guardians. She just wanted to sign. The contract was being managed by a long-standing icon in the music industry. What type of conduct is the long-standing icon exhibiting? a) Taking unfair advantage b) Conflict of interest c) There is no ethical dilemma because her parents/guardians were involved d) Taking something that does not belong to youdiscuss legal protections afforded to intellectual property.