(a)
Case summary:The company D made a product CC. The companies C and D had one-third of the market share in the product CC and agreed to fix the price of the product. After a few years, person R became the president of D and decided to influence other competitors to rejoin the conspiracy. After an investigation by US Department of Justice, the court convicted R for conspiracy and for the violation of section 1 of the Sherman act.
To find: The justification for the enhancement of the punishment of R on the basis of his position as a supervisor or a manager.
(b)
Case summary: The company D made a product choline chloride. Both companies C and D had one-third of the market share in the product and agreed to fix the price of the product. The person R became the president of D and decided to influence other competitors to join the conspiracy. After an investigation by US Department of Justice, the court convicted the R for conspiracy and for the violation of Section 1 of the Sherman act.
To find: The unethicalness in the decision of R and other competitors.
Case summary: The company D made a product choline chloride. Both companies C and D had one-third of the market share in the product and agreed to fix the price of the product. The person R became the president of D and decided to influence other competitors to join the conspiracy. After an investigation by US Department of Justice, the court convicted the R for conspiracy and for the violation of Section 1 of the Sherman act.
To find: The way R might have behaved ethically.
Want to see the full answer?
Check out a sample textbook solutionChapter 27 Solutions
The Legal Environment of Business: Text and Cases (MindTap Course List)
- When a firm resolves an antitrust issue with a consent decree, ita. pleads guilty in exchange for a lighter sentenceb. agrees to reduce its anti-competitive practices slightly, but not to give them up entirelyc. agrees to be broken up in exchange for not further prosecution from the Justice Departmentd. agrees to stop the practices that brought about the law suit, but it does not admit guilt that could serve as the basis for civil law suitse. agrees to have the matter settled in a civil rather than criminal courtarrow_forwardPrice Fixing. Together, EMI, Sony BMG MusicEntertainment, Universal Music Group Recordings, Inc., andWarner Music Group Corp. produced, licensed, and distributed 80 percent of the digital music sold in the United States.the companies formed MusicNet to sell music to online services that sold the songs to consumers. MusicNet required allof the services to sell the songs at the same price and subject tothe same restrictions. Digitization of music became cheaper,but MusicNet did not change its prices. Did MusicNet violatethe antitrust laws? Explain. [Starr v. Sony BMG Music Entertainment, 592 F.3d 314 (2d Cir. 2010)] (See Section 1 of theSherman Act.)arrow_forwardThe Case of Baylor University Patty Crawford, the Title IX coordinator at Baylor from November 2014 to October 2016, was hired to coordinate the institution’s Title IX compliance when this case took place (Baylor University, n.d.). Like all Title IX coordinators, Crawford’s role was a comprehensive administrative role that bears the responsibility of ensuring that campuses prevent and respond to gender discrimination, including sexual misconduct. This role spans duties related to grievance process management, victim assistance, organization management, and climate management (Lake, 2017). In addition to managing the institution’s compliance, Title IX coordinators also craft comprehensive training and awareness strategies to ensure students, employees, and other campus stakeholders are aware of how to identify and report sexual misconduct and what resources are available to students regardless of whether they choose to proceed with the grievance process. Crawford alleged that she was…arrow_forward
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
- International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education