Friday, October 18, 2019
Antitrust Article Example | Topics and Well Written Essays - 750 words
Antitrust - Article Example Clearly, these companies were going against the law (Burns, 1958). There are however wealthy and have great financial power that gave them the strength to challenge court rulings and could hire highly qualified and expensive lawyers. The companies, namely Google, Apple, Adobe and Intel requested the appeals court to nullify Judge Kohââ¬â¢s ruling. Their financial power would surely influence the appeals court to act in their favor. Judge Kohââ¬â¢s argument was that the settlement as desired by the four companies was way to low due to the antitrust law, and that the plaintiffââ¬â¢s lawyers just did not do their job keenly and aggressively. She was quite thorough in her review of the antitrust settlement issue. Similarly, there was another case involving domestic airlines. This industry is characterized by great competition, especially in areas where air traffic is highly valued due to needs such as urgent business, transportation of perishable goods and availability of 24hour economies. Some airlines, especially the upcoming ones, tend to lower their air fares and increase their flights to hundreds of destinations so as to attract more clients. This creates competition against the well-established airlines that have a large number of customers and still charge highly for their flights. The Persian Gulf Airlines with the pacts called open skies agreement have been under attack by unions as well as other alliances of domestic airlines. Some even forget their business differences and enmity to come together and form collisions against a single competitor. This tussle can be seen in the case where the American Airlines, Delta and the United Airlines joined forces and lobbied the Obama Adminis tration to restrict access by the fast growing Emirates, Etihad Airlines and Qatar Airways. They argued that this Middle East carriers received a lot of government subsidies. As
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.