Tuesday, February 25, 2020

The Antitrust Battle Ahead Essay Example | Topics and Well Written Essays - 500 words

The Antitrust Battle Ahead - Essay Example It may so happen that the merged organizations gains at the expense of the consumer. This is where the government chips in, through its antitrust regulations. The government reserves the right, and rightly so, to intervene and block any merger deal which it feels would reduce competition in the industry and thereby adversely affect the consumers, either by way of high prices or by way of low quality. In some cases, these mergers may lead to less innovation thus indirectly putting consumers at a loss. Section 7 of the Clayton Act disallows mergers and acquisitions when such transactions may significantly lower competition, or may create a monopoly, or may lead to formation of cartels (Federal Trade Commission 2011). Simply put, the purpose of antitrust legislations is to enforce laws that promote competitive markets. These laws thus ensure efficient allocation of resources in a free market and prevent market failures. The focal point of antitrust economics is competition (Scheffman 2002). It is competition that is at the heart of many important business decisions and to a large extent determines the firms pricing strategies and tactics. The Federal Trade Commission’s Bureau of Competition, along with the Bureau of Economics is entrusted with the enforcement of such antitrust laws in the United States. The FTC and Department of Justice review scores of merger filings every year of which 95 percent have no competitive issues (Federal Trade Commission 2011). The first category consists of merger proposals wherein the competitive concerns can be resolved by mutual consent of the parties concerned. The revised merger proposal, so arrived after negotiations, retains the beneficial aspects of the deal and discards the threat. The federal regulators negotiated a settlement in the proposed merger deal of Comcast and NBC Universal. As a part of the revised deal, Comcast agreed to give up

Saturday, February 8, 2020

Personal development plan Essay Example | Topics and Well Written Essays - 1250 words

Personal development plan - Essay Example Upon discussing the important key skills as a promising young Civil Engineer, strategic ways on how I manage to improve my technical knowledge, other related skills, and career path on building construction be tackled in details. Among the important key skills of a promising young civil engineer includes: a good leadership skill, creativity and technical knowledge required in leading a construction project, and good communication skills. Since civil engineers are planners who are responsible in managing people, a good leadership skill is necessary to ensure that internal conflicts are avoided and/or well-negotiated. One of the best ways to win the trust and respect of fellow engineers and subordinates is to show competitive technical knowledge needed when managing a construction project. To avoid unnecessary human errors caused by miscommunication, civil engineers should improve their communication skills at all levels. Since I was 6 years old, my father who works as an engineer introduced me to a lot of basic engineering theories and concepts. Having a strong basic engineering background made me develop enthusiasm in learning and knowing how buildings, roads, and bridges are being constructed. With the purpose of fulfilling my future goals, I managed to earn a diploma on Civil Engineering at the Technology College of Onizah right I graduated from high school. To further enhance my knowledge and skills as a civil engineer, I went through another year of professional training at the Council of Badaya. Because of my desire to pursue a career in Civil Engineering, I spent a lot of time reading building construction and architectural books during my free time. I read books not only regarding how each buildings, roads, and bridges are uniquely designed, constructed, and maintained but also books related to physics, mathematics, and project management related to civil engineering. Aside from