Cali Cartel

of many economists that the main reason cartels fail comes from cheating firms, which undermine attempts by cartels to collude to raise prices and restrict output. They believe that cheating is just one facet of how a cartel can fail and not the main reason. To answer their question, Levenstein and Suslow attempt to answer four other research questions: 1. Can cartels succeed? 2. How long do cartels last? 3. What impact do cartels have? 4. What causes a cartel to break up or fail? Using a…

Ethical Dilemma II – Anti-trust Laws and Marketing At the epicenter of the antitrust laws throughout the world sits the belief that the economy and the public will profit most from an economic system that operates in a free market subject to strong competition and free from irrational limitations. Every company should heartily support the antitrust laws and the principles behind them. Cooperation with these laws needs to be the policy of every company and the responsibility of each employee.…

Rationale for enacting the legislation The justification for enacting the Economic Espionage Act of 1996 (EEA) was the continuous attacks being sanctioned by foreign governments on America and its businesses. Prior to the information revolution this type of attack was much more difficult to complete and was done by means only seen in movies. With the information revolution just beginning, there was a far more physical approach to economic espionage, and with no profile of this type…

The author of "The Monopolists", Mary Pilon is quite explicit in her purpose, as it becomes quite clear after reading the first chapter. The story of Ralph Anspach sets the stage for him to uncover the true story behind Monopoly, in order to have his gave Anti-Monopoly published. I believe that this approach by Pilon is the best possible one as it creates a real reason behind the uncovering the truth instead of simply saying it. By doing this she is able to make it into a more intriguing and…

Antitrust laws are a set of laws that were made to protect consumers from unfair market places by promoting fair competition and prohibit monopolies from existing. These laws help to regulate the behavior and conduct of organizations to prevent from illegal acts such as price fixing, restraining, price discrimination or monopolizing (“Legal Information Institute”, 2007). Dated back to the 1800’s, it was common for one major company to have significant power over the economy, also known as…

reign over the cartel(s). Economically, Colombia was doing just fine, there was lots of money fluctuating in and out of the country. Escobar kept the government so unstable Colombia was viewed by other countries as a narcrocrasy. The government itself felt as if they were being controlled by Pablo (John). Columbia was constantly importing and exporting illegal drugs through their many cartels (Faraster). This caused conflict within the communities/cities such as Medellin and as well as Cali.…

as many South Americans had. Living most of his pre-cartel life in Antioquia, Columbia, Escobar showed ambition at a young age, often telling his friends he would one day become president of Columbia. This sentiment seems to foreshadow his long campaign of narcoterrorism. From humble beginnings to being strewn across a rooftop, Escobar left behind a legacy matched by no other crime lords. His legacy includes the formerly powerful Medellin Cartel, bringing the Columbian government to its knees,…

same conduct had been undertaken by an Australian corporation, as that corporation would be considered a trading corporation (See Quickenden v O’Connor). Having established that the CCA applies, the next issue is whether ADM’s conduct breaches the cartel conduct prohibitions in Pt IV of the CCA. The elements of the relevant prohibitions and their application to this scenario are outlined in my response to Q3. In the movie, the FBI was shown to have a wide range of investigative powers, which…

To begin one must first understand what laissez-faire means. Laissez-faire is when the government has a very minimum say so in decision making and let things take its natural course. During the years of 1865-1900 that concept was very much detoured from. The principals of laissez faire in document B states that "the government who governs least, governs best." It is clear that during these years the government violated the principals of laissez faire 1865-1900 is a large part of American…

What is the major issue with collegiate sports? Most Americans would condemn college athletes for the negative connotations that people associate with college sports. However, the real issue is the NCAA circumventing any charges for the illegal trusts they have developed. The NCAA’s no-pay rule creates both an unlawful form of wage fixing and a felonious group boycott and therefore should be revoked. College athletes bring billions of dollars to the NCAA each year, making the NCAA one of the…