Ch. 5 DB - Sherman Act and Clayton Act have helped in many...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Government regulation is in my opinion important and necessary for the business community. If there was no regulation small businesses would decline and big corporations would take over. This would cause monopolies and unfairness. Some businesses would possibly ruin the environment and the business world. Businesses would take advantage of people by raising prices, employees might have bad working conditions, no benefits, and or bad pay. I am glad businesses are regulated by the government. The
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Sherman Act and Clayton Act have helped in many ways for the business world today by, preventing monopolies, price discrimination, tying, and many other ways. If the government Fnds businesses in violation of these crimes they will punish them by Fning them a large sum of money and or imprisonment. One company I know is BP oil. They had a oil spill in the Gulf of Mexico and the government Fned them big time for potentially ruining the environment....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern