Have antitrust laws failed to safeguard the consumers from the Essay

Have antitrust laws failed to safeguard the consumers from the implications of the megamergers - Essay Example Antitrust policy has undergone incredible change over the twentieth century as the markets have. Nevertheless antitrust laws control how firms reach and sustain their market power, they do not prohibit monopoly. In this paper first I will discuss the main antitrust statutes regarding mergers, then I will illustrate how the interpretation of these statutes have changed over time. Finally I will look at the enforcement of antitrust and will demonstrate the cases in which antitrust laws prohibit the monopoly power. It is important to recognize that the majority of monopolies end up being destructive for the society, it is not always the case, thus we have to consider each event based on its own merits. Antitrust refers to a body of laws that focus on discouraging the concentration of corporate power as exercised by few companies within specific industries. Essentially, these laws are crucial in prohibiting illegal business practices that at times deprive consumers the benefits associated with competition. As a result, consumers at times are charged higher prices for different products and services having inferior qualities. In the United States the federal antitrust laws are enforced by the Department of Justice (DoJ) and the Federal Trade Commission (FTC). In this case, antitrust policies originate from the belief that the size of the company determines its level of competition in relation to other smaller companies within the same market. For instance, there is belief that large companies grow on the platform that they restrain trade of their competitors. Such companies use their sheer sizes to harm the smaller competitors, therefore, the antitrust regulators are more vigilant o n Mergers and Acquisitions (Areeda and Herbert 5). There has been increasing attention towards research on various structures, control and cooperation between different firms that leads towards

Dwight Eisenhower Term Paper Example | Topics and Well Written Essays - 1000 words

Dwight Eisenhower - Term Paper Example ncomparable with other military leaders after him and it is only a few generals that were before that could possibly match his tremendous leadership skills. When he became the thirty-fourth President of the United States, his exemplary leadership skills played out as he efficiently carried out his obligation as the democratic leader of the US. As a result of the warnings of an impending war, Eisenhower was given the mantle to lead the Allied Forces in Europe as he became the Supreme Commander of the army alliance during the Second World War and the first supreme commander of the North Atlantic Treaty Organization (NATO) forces (U.S. Army Center of Military History). It should be noted that it was his adept leadership skills that availed him this opportunity. The great General Dwight David Eisenhower is one of the greatest military leaders that history has ever known as this man was right there when the world needed his great leadership qualities as he helped save the world from the tyrannical Nazi regime of Adolf Hitler and this was achieved in collaboration with other great minds like himself. Eisenhower was a great military leader that had an unparalleled leadership quality and these attributes made him go through the ranks of the United States Military at a volatile period in world history. The period before the Second World War was a critical period in the history of the world and the United States of America and indeed a man in the mould of Eisenhower was needed to save the world from the shackles of tyranny and oppression as would have been the case if Hitler had succeeded in his bid to rule the world. Eisenhower made stern decisions that had an extensive effect on the United States and the world at large. He rose from obscurity to the platform of leadership and his ability to act as a mediator between two warring parties in the political and military spheres was top notch. As a Chief of Army Staff of the United States of America in 1945, the