Antitrust laws were essentially created to stop businesses that got too large from blocking competition and abusing their power. Mergers and monopolies can limit the choicesoffered to consumers because smaller businesses are not usually able to compete. Although free and open competition ensures lower prices and new and better products, it hasthe potential to significantly limit market diversity.Review the following examples of how mergers and acquisitions have affected the way in which companies do business.Prepare a research paper in APA format that demonstrates your analysis of the international legal issues that are involved in both examples.
Federal antitrust enforcers are investigating whether a multinational pharmaceutical company has attempted to minimize the impact of generic competition to one of its mostprofitable prescription drugs. This antidepressant drug is the company’s best seller, with sales last year of $2.11 billion, representing a 22% increase from the year before.The Federal Trade Commission (FTC) is conducting an investigation to determine whether the company engaged in activities to prevent generic alternatives to the prescriptiondrug from entering the market. Specifically, the FTC is challenging a practice among brandname and generic drug manufacturers to agree to delay the introduction of the lowerpriced generic drugs to the market.Answer the following questions:Why would the drug maker want to stymie generic competition? Explain your response.What types of legal barriers to market entry exist?What are the possible ethical dilemmas that are present in this example?Example 2The boards of 2 major telecommunications companies recently agreed to a $16 billion merger that would create the world’s largest telecommunications company in the world.Although some agree that the synergy between these companies could be dynamic, others feel consumers could ultimately pay the price for the merger, depending on whichcompany becomes dominant in the various service areas.Answer the following questions:Why do you think consumer advocates have expressed concern over such merger possibilities?Other than pricing, what are some pitfalls that consumers might have to deal with when 2 major companies merge?What are the possible ethical dilemmas that are present in this example?
, 2017). In reviewing the antecedents of psychological safety, Edmondson (2004) argues that the behaviours that position the leader as being approachable and available, inviting input, and modelling fairness and fallability is crucial for nurturing team psychological safety. Furthermore, studies also showed that leaders who encourage their members’ participation and exhibit orientation towards improvement manage to foster higher levels of psychological safety in their teams (Newman, Donohueb, & Evab, 2017). Leadership taxonomy distinguishes between transformational and transactional leadership. Bass theorised that while the transformational leader is motivating the followers by inspiring them to reach their common goal together, the transactional leader is using what could be considered a give&take approach in order to determine the followers to move towards their common goal (Bass & Bass, The Bass Handbook of Leadership: Theory, Research, and Managerial Applications , 2009). While Bass’ model for conceptualising leadership is focusing on the leader’s persona, positioning the leader at the core of leadership, the Leader Member Exchange (LMX) theory focuses on the relationship implied by leadership (Glynn & DeJordy, 2010). This theory emphasises the importance of leader-member dyads. It argues that leadership is a continuous exchange between the leader and every follower rather than being just a one-way process from leader towards followers (Graen & Uhl-Bien, 1995). Research has shown the potential positive effect of leadership style and LMX on performance. Transformational leadership was found to be associated with positive behaviours like learning (Raes, Lismont, Decupyer, & van den Bossche, 2013; Garcia-Morales, Jimenez-Barrionuevo, & Gutierrez-Gutierrez, 2012) and innovation (Garcia-Morales, Jimenez-Barrionuevo, & Gutierrez-Gutierrez, 2012; >GET ANSWER Let’s block ads! (Why?)