Antitrust laws were essentially created to stop businesses that got too large from blockingcompetition and abusing their power
Antitrust laws were essentially created to stop businesses that got too large from blockingcompetition and abusing their power. Mergers and monopolies can limit the choices offered toconsumers because smaller businesses are not usually able to compete. Although free andopen competition ensures lower prices and new and better products, it has the potential tosignificantly limit market diversity.Look at the 2 examples below of how mergers and acquisitions have affected the way in whichcompanies do business.Read each of the 2 examples below. Prepare a APA formatted research paper that responds tothe aligned questions. Specifically, your paper must:Identify the two firms with similar problems from different countriesConduct a comparative analysis of the firmsAnalyze political, social, ethical and legal differences and their impact on managementdecision makingProvide substantive conclusion and recommendationsSubmitting your assignment in APA format means, at a minimum, you will need thefollowing:1. TITLE PAGE. Remember the Running head: AND TITLE IN ALL CAPITALS2. ABSTRACT. A summary of your paper…not an introduction. Begin writing in third personvoice.3. BODY. The body of your paper begins on the page following the title page and abstractpage and must be double-spaced (be careful not to triple- or quadruple-space betweenparagraphs). The type face should be 12-pt. Times Roman or 12-pt. Courier in regularblack type. Do not use color, bold type, or italics except as required for APA levelheadings and references. The deliverable length of the body of your paper for thisassignment is 4-5 pages. In-body academic citations to support your decisions andanalysis are required. A variety of academic sources is encouraged.4. REFERENCE PAGE. References that align with your in-body academic sources arelisted on the final page of your paper. The references must be in APA format usingappropriate spacing, hang indention, italics, and upper and lower case usage asappropriate for the type of resource used. Remember, the Reference Page is not abibliography but a further listing of the abbreviated in-body citations used in the paper.Every referenced item must have a corresponding in-body citation.Example 1Federal antitrust enforcers are investigating whether a multinational pharmaceuticalcompany has attempted to minimize the impact of generic competition to one of itsmost profitable prescription drugs. This anti-depressant drug is the company’s best seller, withsales 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 thecompany has engaged in activities to prevent generic alternatives to the prescription drug fromentering the market. Specifically, the FTC is challenging a practice among brand-name andgeneric-drug manufacturers to agree to delay the introduction of the lower priced generic drugsto the market.Answer the following questions:Why would the drug maker want to stymie generic competition? Explain.What types of legal barriers to market entry exist?What are the possible ethical dilemmas present in this example?Example 2The boards of 2 major telecommunications companies recently agreed to a $16 billion-dollarmerger that would create the world’s largest telecommunications company in the world.Although some agree that the synergy between these companies could be dynamic, others feelconsumers could ultimately pay the price for the merger depending on which company becomesdominant in the various service areas.Answer the following questions:Why do you think consumer advocates have expressed concern over such mergerpossibilities?Other than pricing, what are some pitfalls that consumers might have to deal with when2 major companies merge?What are the possible ethical dilemmas present in this example?This assignment will be assessed using additional criteria provided here.