the missing facts would have altered the ‘total mix’ of information available to the investor.” Thus, a matter is generally thought of as “material” if a prudent investor would reasonably want to know about it. Size ofthe company could be relevant. And other factors such as compliance with regulatory requirements or concealment of an unlawful act could and should be brought into consid
To prevent a cartel harming consumer’s benefit,
lots of Governments adopted the Leniency program
1) Definition
a syndicate or trust of firms,
created to generate unfair profits
2) Bad influence of cartel
1)By increasing prices,
and 2)decreasing outputs
Cartel harms consumer’s benefit
History ofthe Leniency Program
Since the adoption ofthe U.S.
ofthe Leniency Pro
the domestic LPG prices remained high despite of stabilized international price. It is revealed that LPG supply companies determined LPG sales price many times through the exchange of information and contact. Also, LPG suppliers established and enforced various ways to shirk competition and maintain price at a high level. Therefore, Fair Trade Commission ordered prohibition ofunfair common actio
the price increase in imports can harm citizens' purchasing power. The policy can also trigger retaliatory action by other countries which in turn can lead to a general decline in international trade, harming all countries.
② Stream of Currency Wars
States engage in competitive devaluation since 2010 have used a mix of policy tools, including direct government intervention, the imposition of
the PBS.
Argentina’s tangible gain was the cap on Chilean tariffs. There were also intangible gains and the biggest loss for Chile might also be in an intangible form; their reputation for compliance. The WTO acted as a magnifying glass for a country’s reputation.
The core of this case is whether the price band counts in as a general tariff. Chile opinionated that the price band system