Standard Oil

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 demand for oil or gasoline in the United States is on a steady rise. With the increase of automobile users every year how can we afford to drop the price of gas. People are buying it, whether the price rises or falls, so why not keep it at a steady price. This all has to do with how oil firms perform in the short and long run. Also what and how much government influence has to deal with the way the price changes. Gas and oil prices play a major role in our economy, so when they rise or fall…

Mansa Musa was one of the most wealthy leaders in all the world with over 600 billion dollars in gold, with great power over all his citizens, and to extend this he went on his hajj to show people how rich and powerful he was. Mansa Musa did not go on his hajj just for religious reasons he also went on the hajj to show the people of Africa how wealthy and powerful he was. One of the documents that show that why he didn't just go for religious reasons is document A, where it shows all the…

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…

a. Attention Getter: He was one of the world's wealthiest person, most powerful and most violent criminal. b. Background & Audience Relevance: His name was Pablo Escobar. He became one of the world's biggest drug traffickers, the reason why is because as a kid Pablo was always driven and had the ambition to raise himself up from his humble beginnings. And became this drug trafficker in the 1970’s in Columbia. The reason I decided to do my speech on Pablo Escobar is because he is an important…

ENGR 100 – Fall 2016 Assignment #3 Name: Nemanja Koviljac Student ID: 000129698 Date Submitted: 10.21.2016. Southwest Louisiana (SWLA) Westlake Chemical is corporation that makes chemical and plastic products. This company is global supplier of plastics, petrochemicals and building products. President and CEO of Westlake Chemical is Albert Chao. It was founded in 1986. and has headquarters at Houston, Texas. This corporation has approximately 9000 employees. Westlake Chemical has two major…

“Do the impossible, because almost everyone has told me my ideas are merely fantasies.” Said the great aviator Howard Hughes. This businessman, film producer, philanthropist, and aviator just basically did everything people thought was impossible like building the biggest plane to building the fastest plane, and the best films, but also became a billionaire at the age of 40. He was also known during his lifetime as one of the most financially successful individuals of the world. What was…

After watching The Yes Men Are Revolting, in which notorious political and environmental activists take the stage to expose large corporations and individuals for their greed, the students of Pitzer College were fortunate enough to host the duo and their producer, Laura Nix. Expecting a hilarious exposition and look into the elaborate schemes and motivations behind Jacques Servin and Igor Vamos, I found myself disappointed by their presence. Although their movie produced a large emotional and…

José María Vargas University  Abstract  The history of the Rockefeller family begins with the marriage of two opposing families. The marriage of Eliza Davison and called "Devil Bill" Rockefeller was a union between the faith of a young oil salesman sagas. From this union was born John D. Rockefeller who started the growth of the wealth of the family. John created a bad family reputation between their competitors of their competitors. His son John D. Jr. was the one who was devoted…

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…