The Legal Environment of Business: Text and Cases
10th Edition
ISBN: 9781337535878
Author: Frank B. Cross; Roger LeRoy Miller
Publisher: Cengage Learning US
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Chapter 27, Problem 5CT
Summary Introduction
Case summary: Website G has become so dominant that country EU has charged website G with an antitrust violation. Website G alleged that it promotes its own comparison-shopping service in general search results. Country EU wanted G to change the display of search results. So, that the relevant services to a query could come first and other comparison-shopping service is not affected.
To find: The companies in country EU which pressured EU to lodge an antitrust complaint against website G.
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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.
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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:
Why would the drug maker want to stymie generic competition? Explain your response.
Chapter 27 Solutions
The Legal Environment of Business: Text and Cases
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