HLT 520 Contract Violates Antitrust Laws Assignment

HLT 520 Contract Violates Antitrust Laws Assignment

 

HLT 520 Week 5 Assignment Latest-GCU

Details:

1) Read the case study (“Contract Violates Antitrust Laws”) on pages 100-101 in the textbook and answer the two discussion questions.

2) Write a paper (1,000-1,500 words) that addresses the discussion questions. Include a detailed rationale for your answers.

3) Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

4) This assignment uses a grading rubric. Instructors will be using the rubric to grade the assignment; therefore, students should review the rubric prior to beginning the assignment to become familiar with the assignment criteria and expectations for successful completion of the assignment.

Ethical Study Review
Details:

Scenario: A 96-year-old male patient is admitted to the ICU with terminal liver cancer. He is confused and disoriented, very skinny and appears underfed, and is covered with bruises, which are common in patients with liver disorders. His daughter, who is a naturopathic physician, insists that she can cure her father by administering unknown substances, some of which smell like feces and look like tar, down his NG tube. He is clearly in pain after she does this. She insists that these are life-saving interventions on her part, but the nursing and physician staff caring for the patient are very upset and concerned that she is hastening his death. They have come to you for help.

1) Write a paper (1,250-1,500 words) that describes how to use the method of ethical decision making, reviewed in the module, to help resolve this ethical dilemma. Address the following to generate your conclusions about how you would proceed:

a) What are the dimensions of the ethical dilemma?
b) What are the issues?
c) Apply the four core ethical principles and the process of ethical decision making.
2) Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

3) This assignment uses a grading rubric. Instructors will be using the rubric to grade the assignment; therefore, students should review the rubric prior to beginning the assignment to become familiar with the assignment criteria and expectations for successful completion of the assignment.

 

 

 

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Antitrust Laws

Introduction

Antitrust laws are designed to protect consumers and competition by prohibiting anti-competitive behavior. The United States has the most extensive antitrust laws in the world, but they have been used to battle monopolies and cartels since the 1800s. Antitrust laws are enforced by both federal agencies such as the Department of Justice (DOJ) as well as state attorneys general offices.

Antitrust laws prohibit the following anti-competitive conduct:

Antitrust laws prohibit the following anti-competitive conduct:

• Monopolization. A business or group of businesses that engages in an attempt to monopolize a market, often by acquiring and maintaining monopoly power over market share or sales volume.

• Attempted monopolization. A creation of barriers to entry by one or more firms in order to prevent new competitors from entering and competing with them for customers’ dollars; examples include exclusive contracts between producers and distributors (which are illegal under antitrust law), tying agreements designed to keep out new suppliers, etc., which limit competition among suppliers within an industry sector (the so-called “tying” problem).

Monopolization, a situation where one company dominates a market.

Monopolization is a form of market power. This means that one company dominates a market and can set prices at will.

Monopolization is illegal in the United States, but it’s possible to achieve monopolization by buying out competitors or gaining enough market share to control prices.

Attempted monopolization, when a company tries to become the only supplier of a good or service in its market.

When a company tries to monopolize a market, it can be prosecuted. The government must prove that the defendant had specific intent to monopolize and had the ability to do so. This means that they didn’t just want to take over the market, but actually did so through anticompetitive acts like price fixing or other anti-competitive behavior.

Price fixing and bid rigging, both of which involve collusion between competing businesses to fix prices on goods or services.

Price fixing and bid rigging are both examples of anticompetitive conduct. In price fixing, businesses collude to set prices for goods or services. Bid rigging involves competitors agreeing to submit bogus bids that are higher than their true costs in order to inflate prices at auction. Both activities can lead to violation of antitrust laws, which prohibit monopolists from abusing their market power by restricting competition among companies in order to increase profits at the expense of consumers (but not necessarily harm them).

Price fixing takes place when two or more companies agree on how much they will charge for a certain good or service; this collusion is illegal under antitrust laws because it limits competition among those who want access to those products or services!

Price discrimination, when a seller charges different prices for the same item.

Price discrimination is when a seller charges different prices for the same item. For example, airlines may charge different prices for their tickets based on the date of travel and whether you’re traveling alone or with friends.

This can be illegal if it’s done in an anti-competitive way to keep competitors out of your market or to prevent them from entering into your market.

Antitrust laws are designed to protect competition and consumers.

Antitrust laws are designed to protect competition and consumers. The main goal of antitrust is to prevent monopolies, or businesses that have too much power over a market. Antitrust laws also help promote innovation by promoting competition among firms, which leads to lower prices for consumers.

Antitrust laws can be broken down into two categories: horizontal and vertical restrictions on competition (also known as vertical restraints). Horizontal restraints are agreements between two or more companies about how they will behave in the market—for example, agreeing not to sell certain products in each other’s territory; vertical restraints involve forcing participants out of markets completely through price fixing or market sharing agreements.

Conclusion

Antitrust laws are designed to protect competition and consumers. The laws can be used to punish companies that engage in anti-competitive behavior and force them to stop, or they can also be used to promote competition by breaking up monopolies and creating new markets.