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Intro Into Business Week 3

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Intro to Business Week 3
The United States has several laws that are intended to further fair, balanced, and competitive business practices. Do you think that such laws are effective? If so, why? If not, why not?

So the question asks if the several laws that the United States has to further fair, balanced, and competitive business practices are effective. My opinion not so much. There are many big companies out there that have stepped out of line and because they have good lawyers they are able to break those laws without getting penalized. However there are those occasions that those laws actually help out.
One example is the Antitrust Law. Also referred to as "Competition Laws" - are statutes developed by the U.S. Government to protect consumers from predatory business practices by ensuring that fair competition exists in an open-market economy. One particular company that plays with these laws is Walmart. Walmart has many stores throughout the country and for many people it is the only store that has what they need. It is the one stop shop for many people in the Midwest. They have taken over towns and cities promising to not harm small shops and to give back to the people and it communities. Walmart is using the antitrust law in in Europe so that they can be in Europe and be that Monopoly. So with that being said Walmart is very familiar with such law. Another example of this company playing with this law is with Coka-Cola. Coka-Cola had a product they were going to release in America however in this new product Walmart did not like one ingredient so they refused to sell the product. Walmart accounts for 30% of sales in this country so Coka-Cola had no choice but to stop making the product. Its outside companies like Coka-Cola and Gillette that would normally just make a product and contact the big Grocery stores or mega stores to have their product in the

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