Definition of a Contract: A contract can be defined as an agreement between two or more private parties that creates mutual obligations enforceable by law. The basic compulsory elements that make an agreement a legally… The Principles of Contract Law and their Application to Businesses
For more than a century, the Federal Trade Commission has been protecting the concerns of American consumers. The mission of the Federal Trade Commission or FTC is to protect consumers and competition by preventincomg the… Types of competitor dealings with antitrust risks
The industry environment in the United States has grown highly competitive and companies are entering into complex agreements and partnerships to survive the competition. Whether it is for foreign expansion or funding of innovation efforts,… How does the US Supreme Court determine if a collaboration between competitors is illegal?
While many times mergers of businesses are beneficial for both the consumers and the society and allow businesses to operate more efficiently by allowing them to reduce prices of their products, many times the case… Mergers and premerger notifications in the United States
The Antitrust laws in the United States play a very important role in ensuring free and fair competition. These laws save the consumers in the US nearly millions or even billions in overcharges. Free and… Who enforces the antitrust laws?
In the United States, antitrust laws ensure free and fair competition in the market. Free and open competition benefits the consumers as well as society and the economy. However, a large number of consumers do… Antitrust laws in the United States
What is the Federal Trade Commission? The Federal Trade Commission has been protecting American consumers for more than the last 100 years. It was formed on September 26, 1914, with President Woodrow Wilson signing the… The Federal Trade Commission
The spread of the Coronavirus pandemic has had a drastic impact on the economic performance of various industry sectors worldwide. Apart from declining demand, rising unemployment is also a big challenge that has grown since… How consumer behavior is changing around the world with Covid19?
In the US, there are several Federal and State laws that prohibit discrimination against employees and applicants within a protected class. Protected class or protected groups in the context of employment discrimination means certain groups… Employment Discrimination and Retaliation
The Equal Employment Opportunity Commission The Equal Employment Opportunity Commission or the EEOC is the leading agency in the United States that enforces the laws making it illegal to discriminate against an applicant or an… What laws are enforced by the EEOC?