Anti-trust Law Case Study

Anti-trust Law Case Study Landmark: Antitrust Case Study Question 1: Write a 100- word abstract of the case, including the date of the case The essay gives a brief analysis and review of a case in which the government of the United States led to the U.S. Supreme Court. This is the defense of the claim appeal 384 U.S. competition 270 presented by the U.S. government against VON Grocery Co. (Von) in 1966 in the District Court of the United States for the Southern District of California No. 303. Duration was March 22, 1966 and the delivery of a verdict was the May 31, 1966. It was in favor of the defendant. This just reminded demand, government regulators were ignoring situations that occur within its jurisdiction. It was despite his knowledge of the changing developments in market structures that controlled processes. Government regulators failed to switch to a relaxed mood compared to previous legislative procedures necessary reacted to the threats and opportunities of his time. As a result, this led to the p revention of unfair trade practices or disposal of similar economic activities of small-scale business. Key words: VON’S GROCERY CO, 384 U.S. 270, Shopping Bag Food Stores and 7 of the Clayton Act. Question 2: Describe the provision of the US Antirust Law invoked to judge the presence of anti-competitive behavior or potential of for moving the industry in that direction. The 1960 merger of Von Grocery Company with competitor Shopping Bag Food Stores (Shopping Bag) whose locations are in Los Angeles, California violated Section 7 of the Clayton Act (n. P Thomson Reuter). Its amendment in 1950 regulates the reasonable termination through the prohibition of mergers and acquisitions, which decreased competition. Even after a new amendment in 1980, remains the main reference point for antitrust law mergers that threatened the United States (Fox CR4, CR8 and HHI, specially in cases of mergers. The claim of the United States had other modifications as support for their arguments. They were the 1950 amendment to Section 7 of the Celler-Kefauver and Congress sought to preserve competition for small businesses. Was also intended to help companies focus. The court was the agent that was against large companies that use concentrations in markets with increasing centralization of business. He succeeded in divesting after United States v. Philadelphia National. . Bank, 374 U.S. 321 Celler-Kefauver 362 Anti-Merger Act 1950 as amended provides relevant information: â€Å"That no company engaged in commerce †¦ shall acquire all or part of the assets of another company also engaged in commerce, where in any line of commerce in any part of the country, the effect of such acquisition may be substantially to lessen competition or tend to create a monopoly. â€Å" Question 4: Describe the â€Å"conduct† in question that has been considered â€Å"anticompetitive:†Determine if the defendant had used an anticompetitive Price Strategy and explain how. Likewise, describe any Non-price Strategies the defendant had used and describe how.

Micky McDivet Assignment Example | Topics and Well Written Essays - 500 words

Micky McDivet - Assignment Example and where the decision under consideration is that of the ALJ, two standards of review are commonly considered, namely: substantial evidence, and; de novo. A substantial evidence standard of review was defined in Richardson v Perales. 402 US 389, 401 (1971) as â€Å"such relevant evidence as a reasonable mind might accept as adequate to support a decision.† A reviewing court must set aside the decision of the trial court if it finds that the evidence used in supporting the decision lacks substance taking into account the evidence in the case’s record that opposed such findings (Universal Camera Corp v NLRB 340 US 474, 488 [1951]). In deciding whether evidence is substantial or not, the US Supreme Court in the Richardson case reminds appellate courts that is â€Å"more than a mere scintilla.† Five decided cases that made use of this standard are the following: A de novo standard of review is one where a â€Å"reviewing court makes an original appraisal of all the evidence to decide whether or not it believes [the conclusions of the trial court]† (Bose Corporation v Consumers Union of the US, Inc. 466 US 485, 514 [1984]). A de novo standard of review applies when there is an error of law (Kober v Apfel, 133 F.Supp.2d 868 [2001] or a mixed error of law and facts (Johnson v Employment Security, 112 Wn.2d 172 [1989]). This standard of review was used in the following cases: Any decision to elevate Mickey McDivet case must take into account the two standards of review, which the federal district courts commonly use in reviewing a case. The issues that an appealing party cites as basis for the appeal usually determine the standard that the court will use. An assignment of error of law, for example, will subject it to a de novo standard review and an assignment of error of fact on the part of the ALJ will subject it to a substantial evidence standard of review. An assignment of both types will create subject it to both

Do Oil Prices Influence Non-Oil Sector Stocks in Saudi Arabia Research Paper

Do Oil Prices Influence Non-Oil Sector Stocks in Saudi Arabia - Research Paper Example The research will also investigate the role of the country’s oil dependence on the stock market in Saudi Arabia too as it has been previously confirmed by research. Besides, the research is also going to confirm whether the dependence of the Saudi Arabian economy on oil is much higher than in the US, as it has been established before that contrary to the finding of this report for US, a higher correlation is always expected between oil prices and stocks in Saudi Arabia. This report includes 8 main sections including the Introduction, Literature review, Research methodology, Findings and Conclusions. The introduction provides a background and context for the research done, as well as describing the scope and objectives of the report, the achievements of previous studies and an overview of the entire research briefly explaining the contents in other sections. In the Literature review the existing studies in this field are discussed. The research methodology and findings section describe the method of data collection, as well as a detailed analysis of the results and how they were obtained. The Conclusion summarises the issues discussed in the research, as well as the achievements. This paper also discusses the statistical data collected and evaluates the research compared to existing work and set the direction for future work in this field. I. Introduction Oil is one of the most important economic resources in world’s economy today. The context of oil has been found to be more important in the Saudi Arabian economy as it is has one of the biggest reserves of oil (one-fifth of world’s total) and is the second largest producer (behind Russia) of oil in the world. The government of Saudi Arabia has been encouraging private sector participation and growth in an effort to reduce the kingdom's over-dependence on oil, while increasing opportunities for employment within the citizenry. This research will aim to investigate whether high oil prices, hi gh volatility in oil prices, and oil price shocks lead to reduced economic activity and lower stock returns in Saudi Arabia as it has been confirmed previously. There is a limited amount of existing research on the influence of oil prices on non-oil sector stocks in Saudi Arabia. The available research does not indicate whether oil prices indeed influences the stock prices or not. From enterprises’ point of view, as a large part of Saudi Arabian economy is controlled by exports, especially oil exports, the effect on oil price will be investigated to determine whether it makes an indirect impact on businesses in Saudi Arabia. Many leading economists and several theories in economics point to the impact of oil price changes in world economies have studied fluctuations and shocks in oil prices intensively. The context of oil is even more important in the Saudi Arabian economy as it is has one of the biggest reserves of oil (one-fifth of world’s total) and is the second la rgest producer (behind Russia) of oil in the world. Saudi Arabia has proven oil reserves of 264.52 billion barrels of oil (OPEC, 2011) and was only recently surpassed by Venezuela who claimed their oil reserves had risen to 269.5 billion barrels of oil. In terms of oil production, Saudi Arabia has a quota allocation of just over 30% of production among Organisation of the Petroleum Exporting Countries (OPEC) countries. The Saudi Arabian oil production in 2010 was 9.1 million barrels per day, which accounted for