In the case of Wexler vs Greenberg, we found that the owner of a trade secret is protected against the use of the information by others when it is wrongfully obtained by impermissible means (like theft). In this case, it appears that with the precautions taken by Toshiba (by limiting the production of flash memory devices to one factory in an attempt to protect the technology from leakage) information was definitely given to SK Hynix under unethical circumstances. The articles in The Japan News only stated that Sugita had been an engineer at Sandisk, not that he was the developer of the technology. In this argument, it certainly appears that Toshiba’s rights of ownership of the NAND research data were violated. The second argument of trade secret protection revolves around fair competition.
w a bill becomes a lawHow does a bill become a law? A bill has to go through a long process before it can become a law. First, the bill has to be written. A bill are written by congressmen and advised upon by members that are experts in selected areas. Bills can be introduced to both the House and the Senate at the same time or individually.
Monopoly, Oligopoly, and Cartel William J. Ravert Jr. American Intercontinental University Unit 2 Individual Project BUS610 – Economics for the Global Manager October 14, 2012 Abstract This research paper entails the differences between monopolies, oligopolies, and cartels. This explains what each of them is, and what separates them from each other. This discussion also includes the game theory or oligopolies and cartels. The economic purpose of the OPEC has also been included in this paper. Monopoly A monopoly is a single company that has complete control over a specific product or service that involves higher prices and the inability to respond to the needs of the consumer.
Pretrial litigation can be divided into four phrases: pleadings, discovery, dismissals and pretrial judgments and settlement conference. Pleadings are the paperwork filed by the plaintiff to the courts. There are four major pleadings: complaint, answer, cross-complaint and the reply. During the discovery phrase both parties have the opportunity to exchange the evidence in the case, such as, eyewitnesses or any other pertinent information. Some forms of discovery include: dispositions, interrogatories or physical exams.
RECORDS KEEPING COMPLIANCE FORM PURSUANT TO 18 U.S.C. § 2257 MODEL IDENTIFYING INFORMATION AND AFFIDAVIT: Model understands that all the information given in this Agreement is being provided to comply with federal law and any false statement will subject Model to both a civil action by Producer as well as criminal prosecution under federal and state law. _________ (Model’s Initials) Please print legibly. a. Legal Name: ______________________________ (Full Current Legal Name: First, Middle, Last) b.
Policymakers in the government can respond to the monopoly problem by trying to make industries more competitive, regulating the behavior of monopolies, turning some private monopolies into public enterprises, or do nothing. Price discriminate means the exactly same product could sell to different consumers for different prices, even though the costs of producing for the products are the same. Price discrimination is impossible when product is sold in competitive markets. For a firm to price discriminate, it must have market power. There are three lessons to be learned about price discrimination are price discrimination rational strategy for a profit-maximizing monopolist, price discrimination requires the ability to separate customers according to their willingness to pay, price discrimination can reduce the inefficiency inherent in monopoly.
Detecting Unethical Practices at Supplier Factories Case # 26 Mark A. Listerud Metropolitan State University How is it important for companies such as Nike and Wal-Mart that source exclusively from foreign suppliers located in countries where wages are low and substandard working conditions are common to institute supplier codes of conduct and undertake programs to monitor and ensure supplier compliance with these codes of conduct? In today’s society it is very important for global companies take steps to ensure that the products they sell, especially those which are manufactured overseas, are done in accordance with human rights and local laws. Companies need to take this topic seriously or risk major damage to their reputation or brand. While these costs are often considered immeasurable, Nike invested $2,356.4 million in brand building advertising in 2010 (Nike 2010 Annual Report) and this investment is put at considerable risk when a company’s reputation is linked to human rights or local law violation. Additionally, fines, penalties and loss of preferred contracts are potential issues.
Since the Industrial Revolution, pure monopoly has existed and has even accelerated to the point that it was considered by some to be antithetical to our country’s basic market system. Because of this preconceived notion, the United States government put into place laws and regulations that businesses must follow in order to be deemed legal (Monopoly, 2011). So then, one might ask, how in today’s market system do pure monopolies exist? This paper will discuss the main characteristics of a pure monopoly, including the barriers that exit so other firms cannot enter into the market with the same product, and their control over pricing of its product. There have become less and less industries that would be considered a pure monopoly, but some industries of pure monopoly still exit because of the characteristics of their business (Brue, McConnell, & Flynn, 2010).
In the traditional litigation system, it usually begins with the plaintiff filing a complaint in court. Then, the defendant or other party needs to offer an answer within a specific amount of time. This is the pleadings process. After the pleadings, a legal process called discovery commences. There are different forms of discovery, including deposition, interrogatories, production of documents, and physical or mental examination.
Primary vs. Secondary sources of law What is a primary source of law? How is it distinguished? In what ways does it have impact? Primary sources of law consist of legislation: orders in council, statutes, and regulations as well as case law: decisions of courts and administrative tribunals.