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 of the Leniency Program
Since the adoption of the U.S.
of the Leniency Pro
Executive Summary
Cartel, a syndicate or trust of firms which is created to generate unfair profits, harms the consumers by increasing prices and decreasing outputs which eventually lead to inefficiency of the whole market. Leniency program is one which makes cartel broken by using ‘whistle blowers’. We choose the one example of Leniency program case “Imposing penalty to LPG firms in Kor
■ Diverse Aspects
Ⅰ. Political Environment
The political structure of a country inevitably affects the way a business operates, as it is the political regime that will enact laws, sets regulations and policies.
Singapore's parliamentary democracy system is well known for creating a stable and orderly government. The government provides first-rate efficiency and excellence in the p
by mandatory registration, usually called licensing.
Controlling Price is to prices of monopolies on the basis of sometimes conflicting objectives : to prevent abuse of monopoly power while enabling the firm to earn a sufficient profit to induce adequate investment; to facilitate competition among firms that compete with the regulated firm in some market but that must by services from the mo
by military necessity.
2) Ex post facto penal legislation
소급입법의 금지원칙은 일부 국가에서 중요한 법적인 원칙으로 인정된다. 아히히만의 재판과정에서 법적인 쟁점이 되었던 것 중 하나는 1950년에 만들어진 나치와 그 관련자 처벌법이 과연 그 이전에 행해진 범죄를 처벌할 수 있는 근거가 되는가 하