A | B |
General Roles | 2. Maintaining Competition, Maintaining Legal and Social Framework, Stabilizing the Economy, Redistributing Income. Providing Goods and Services, Correcting for Externalities, Regulator versus Provider |
Government as Regulator | Protecting Competition, Protecting Business Agreements, Protecting Creative Property, Regulating Production Process |
Government as Provider | a. Public Services, Work. Business |
Protecting Competition | the 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 Agreements | 7. 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 PROVIDER | Public 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 investors | Securities Act (1933), Securities Exchange Act (1934). , Sarbanes-Oxley Act (2002) |