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AB
General Roles2. Maintaining Competition, Maintaining Legal and Social Framework, Stabilizing the Economy, Redistributing Income. Providing Goods and Services, Correcting for Externalities, Regulator versus Provider
Government as RegulatorProtecting Competition, Protecting Business Agreements, Protecting Creative Property, Regulating Production Process
Government as Providera. Public Services, Work. Business
Protecting Competitionthe government protects businesses against: Trust, Monopoly/Oligopoly, Collusion, Price Fixing
Examples of laws that protect companies from illegal competitive practices.LAWS Microsoft Paramount AT&T (RBOC)
7. The government enforces binding legal agreements against various breaches▫ Breach of contract, Breach of fiduciary duty, Breach of rental agreement, Breach of warranty
v• COMPANIES TO RESEARCH-Protecting Business Agreements7. The government enforces binding legal agreements against various breaches:
The government protects intellectual property:▫ Copyright, Paten, Trademark
The government protects environments in which we work and live.National Environmental Policy Act (1969), Clean Air Act (1970), Clean Water Act (1972)
GOVERNMENT AS PROVIDERPublic Services, The Government as Provider of Public Services
LABOR LAWS-Examples of laws that protect the rights of employees• Social Security Acts (1935, 1965), Fair Labor Standards Act (1938)
Examples laws that protect the rights of investorsSecurities Act (1933), Securities Exchange Act (1934). , Sarbanes-Oxley Act (2002)


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