Medellín Cartel

Created in 1890, the Sherman Antitrust Act was the first legislation allowing the government to enforce regulations on trusts that interfered with free trade and market competition. Named after U.S. Senator John Sherman of Ohio, the act allowed government to establish proceedings against trusts in order to disassemble these organizations. Trusts had created many problems in the free market such as establishing monopolies over certain industries. This lead to extremely high prices and low supply…

the Cartels. These cartel leaders, and other groups that profited from the cocaine industry like the Revolution Armed Forces of Colombia – Fuerzas Armadas Revolucionnarias de Colombia (FARC), were able to infiltrate many sectors of the country, economically, socially and politically, by buying power and leverage across the Andean country. The first origins of cocaine in Colombia date back to the 1950s when the drug was being produced in small amounts,…

The Industrial Revolution had greatly changed the dynamic of American lives, creating the rise of big business and masses of new workers and people. From this, emerged new issues that sought resolution in the coming age. During the Progressive Era from 1900-1920, Progressive reformers and the federal government fostered moderate reforms in corporate regulation, labor reform, and extending suffrage. However, the persisting continuity of limited legislation and hands-off government did not…

solar industry by flooding the market with their cheap photovoltaic panels” (Woody, 2012). Solyndra’s lawsuit asserts a federal claim under the Sherman Antitrust Act. The Sherman Antitrust Act was “the first U.S. Federal statute that would limit cartels and monopolies” (SHRM, 2016). This Antitrust law makes government attorneys and district courts investigate companies suspected of monopolizing or conspiring with another to monopolize a part of the trade (SHRM, 2016). Regrettably no other…

When it comes to Sports Law there are several issues at all levels of competition; College, Professional, and even International sports have begun to see an influx of legal issues as the popularity of sports continues to grow. Issues like player health and safety, player labor and union issues, and gambling limitations in sport are generating a lot of conversation. However, the fight between college athletes and the National Collegiate Athletic Association over developing free market and unions…

Consumers, workers, farmers, and other suppliers were directly hurt monetarily as a result of the monopolizations. Even more important, perhaps, was that the trusts fanned into renewed flame a traditional U.S. fear and hatred of unchecked power, whether political or economic, and particularly of monopolies that ended or threatened equal opportunity for all businesses. The public demanded legislative action, which prompted Congress, in 1890, to pass the Sherman Act. The act was followed by…

Discussion 1 Antitrust policies in the United States are both federal and state laws that are applied to regulate business conduct and organization of corporations. They are used with the aim of promoting fair competition and benefit consumers from unfair prices due to unfair competition practices. The antitrust laws prohibit unlawful mergers and unlawful business practices (Ftc.gov, 2015). Identify one way economic regulations impact monopolies and discuss whether or not you believe that works…

Compile a one or two page summary of your meeting that includes: Identify the person (name, title, company, etc) & their qualifications / experience Anolber Escalante is a 47 years old BS in Sales Management and entrepreneur who has been working in diverse industries throughout his career. He started his career 28 years ago when he founded Corporacion Gigabyte, his first technology business in his home country Venezuela, which was challenging in the beginning because of his young age and…

Due to its status as the focal point of the cocaine trade, Medellin, Colombia, was dubbed the “most dangerous city on Earth” by TIME magazine at the height of the cartel’s power. It bore the highest homicide rate and was plagued by civil conflict, which set the stage for illicit drug trafficking to occur. Presently, it ranks as the 49th most dangerous city, and it is speculated by both the DEA and Colombian National police that more than 300 drug smuggling organizations are active within…

Industry Regulation and Legislation Dominique J. Fortson National University Industry Regulation and Legislation Industrial regulation is that the industrial regulation of costs charged to the buyer that is additionally called public regulation. The thought is to work out a value, or rate, that covers the assembly price and a good profit for the corporate. The general public interest theory of regulation that states that it "is necessary to stay a natural monopoly from charging…