Preview

Antitrust Investigation

Satisfactory Essays
Open Document
Open Document
368 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Antitrust Investigation
A European Commission Antitrust probe into Google might result in the search giant having to make changes to its Android platform. According to certain sources, Google had abused its dominant position in online search. The costs associated with the antitrust behavior are surprisingly minimal. In fact, there was no mention of any mention of the costs that are associated with this antitrust behavior. Likewise, there was also no mention of a name for the type of antitrust act that was done here. After the full-scale investigation was brought up, Google was commanded to change the way it displays its search results and alter the agreements it has with its advertisers. Monopolies and oligopolies are not always bad for society. It really depends on how these different firms conduct their business. If they are going to intentionally produce only a few products and not let any other firm sell it, then yes, they would be bad for society. If it is the other way around, then it is a whole different story. An auto industry would be an example of a oligopoly. They mainly produce automobiles and sell them out to their distributors. These distributors however will be the only ones to sell them commercially. No other firm out there can sell them directly from the manufacturer. This would be an example of how these market types would be bad for society. On the other hand, an example of how these market types might be good for society would be the fact that if society purchases these automobiles from those distributors, they will be getting a better product than if they were sold locally. One other example of how these market types would be good for society would be the petroleum industry. If petroleum was sold individually and not by these market types, no one would know where the petroleum came from or what quality it is in.

Albanesuis, Chloe. (2012). Report: EU Antitrust Deal Might Force Changes to Android. PC Magazine, volume 1(issue 1). Retrieved from

You May Also Find These Documents Helpful

  • Satisfactory Essays

    products that catered to the needs of professional in all types of fields, these products will…

    • 500 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Corporate Misconduct

    • 375 Words
    • 2 Pages

    Even if Northeast Iowa Ethanol, LLC did not keep up with what Drizin was doing and maybe did not look into what and where he was investing their money, it still did not give Drizin the right to do whatever he felt like with funds that did not belong to him. Integrity is a big part of business and from what I have read Drizin lacks all of it.…

    • 375 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    antitrust practices

    • 614 Words
    • 3 Pages

    Antitrust practices are practices carried on by businesses that end up destroying perfect competition in the market. Antitrust laws are laws prepared to seek and promote healthy market competition by preventing anti-competitive practices by companies. Some of the illegal practices that constitute to antitrust behavior include corporate mergers, monopolies and price fixing conspiracies (Bailey, 2010). The Clayton Act of 1914 was passed by the U.S Congress. It was an antitrust law that was amended to stop and prevent practices that led to unhealthy competition in the market. The Clayton Act was amended in order to complement an earlier version of the antitrust law referred to as the Sherman antitrust Act of 1980. This was a federal law that sought to prevent practices that were harmful to consumers such as cartels, monopolies and other unfair business practices (California Association of REALTORS, 2005).…

    • 614 Words
    • 3 Pages
    Good Essays
  • Better Essays

    International Business Times. (2012, September 19). Apple and Major Publishers Offer Ebook Antitrust Settlement . International Business Times.…

    • 1143 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Antitrust Laws Effective

    • 844 Words
    • 4 Pages

    The United States has several laws that are intended to further fair, balanced, and competitive business practices. Do you think that such laws are effective? If so, why? If not, why not? Be sure to provide evidence to support your position one way or the other.…

    • 844 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    In the late nineteenth century, the United States of America saw companies flourish. Advances in technology greatly increased output and lowered costs of many goods; people were also making more money and the nation was truly prospering. Due to the booming economy, a great deal of changes occurred. Companies started to grow at a faster rate, and soon there were enormous companies that seemed to rule their individual industries. It quickly became apparent that some firms were monopolizing the industries, making prices higher and lessening the competitiveness of the market. Many companies were also fixing prices, forcing other businesses to pay ridiculous amounts since they had no other options.…

    • 1747 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    A monopoly occurs when a company has such a large portion of the product market that it can set its own price despite the market equilibrium. Monopolies date back to Standard Oil Co. Inc. in 1870. Standard Oil Co. Inc. controlled also the entire oil market in its time and made huge profits by doing so. The Sherman Antitrust Act was put in place to combat monopolies and their power in the marketplace.…

    • 73 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    They set “arbitrary prices” on goods and are not subject to the laws of supply and demand (examples include cartels and patents). Their activities and existence are highly undemocratic since they have limited liability and shareholders are insulated from lawsuits and actions made against them. In addition, another inefficiency of market society is that monopolies add on further costs for individuals, which is the phenomenon called “spillovers”. Pollution, a type of spillover, is an adverse effect created all for the benefit of the corporate car-company-owning few. These inefficiencies violate the three bones of the market (quid pro quo, liberty, and private property rights). The quid pro quo bone of the market says that people are rewarded for what they put in; it only accounts for market transactions and not for actions that have no market value, such as…

    • 514 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    DiLorenzo believed the Sherman Antitrust act was “ Protectionist at its roots” (pg141). The government was using this so that incompetent businesses would be protected. According to Dilorenzo there was no proof that monopolies were hurting the country. In fact , there was a deflation during the late 19th century , prices were decreasing which would benefit consumers . The Sherman Act support came from less competitive firms that wanted to break up their more successful rivals. An example Dilorenzo gave was cotton farms. They were upset that jute was being used to cover cotton bales instead of cotton. They petition government to restrain jute farmers. Small firms had more power than the big ones, because if big firms had as much power as Yellow…

    • 141 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    In May of 1998, Microsoft Corporation was charged with violating parts of the Sherman act…

    • 274 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Criminal Investigation

    • 1165 Words
    • 5 Pages

    Horswell, John. The Practice of Crime Scene Investigation. CRC Press New York, New York. 2006.…

    • 1165 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Misconduct Investigations

    • 335 Words
    • 2 Pages

    In some Internal Affairs units, it is common practice for Internal Affairs to propose a finding to the ultimate decision-maker. Sometimes, Internal Affairs also proposes discipline to the ultimate decision-maker. In those agencies, the investigators are seen as closest to the facts and as professionals best positioned to weigh evidence and testimony. In those agencies, Internal Affairs plays a role in assuring the consistency, accuracy, and appropriateness of the disciplinary process. In other Internal Affairs units, the role of the investigator is narrowly defined to producing a neutral, objective, and accurate factual summary.…

    • 335 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Criminal Investigation

    • 925 Words
    • 4 Pages

    The first and most important step in any crime scene investigation is to secure the scene. It sounds easier than it really is. The scene includes possible witnesses, victims and suspects. Securing the scene includes keeping unauthorized personnel from walking through the scene. The most common contamination results from police, ems, victims and witnesses. The best thing that can happen to a crime scene once it has been secured is nothing.…

    • 925 Words
    • 4 Pages
    Good Essays
  • Good Essays

    criminal investigation

    • 704 Words
    • 3 Pages

    Explain the different approaches espoused by the Frye and Daubert decisions to the admissibility of scientific evidence in the court room.…

    • 704 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The article I found to be interesting focuses on the U.S. court cases United States v. Microsoft and In re Intel Corp. Both of which, are dealing with violations of antitrust law. The topics include the preservation of innovation, the application of antitrust standards to high-technology platforms, and market monopolization.…

    • 583 Words
    • 2 Pages
    Good Essays