https://padlet.com/150003401/3m5k63hfjq8e Made with a creative frenzy en-us 2018-01-23 15:59:37 UTC 2018-02-16 04:40:47 UTC hello@padlet.com 150003401 https://padlet.com/150003401/3m5k63hfjq8e/wish/223848803 When a company purchases and controls all levels of it's own production. This could be like a jewelry store owning a diamond cutting facility, the planes and/or trucks transporting the diamonds, and the diamond mine from which they are dug out of the ground.]]> 2018-01-23 16:06:13 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223848803 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/223849058 refers to government policy to regulate or break up monopolies in order to promote free competition and attain the benefits that such competition can provide to the economy and to society as a whole.]]> 2018-01-23 16:06:42 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223849058 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/223849600 Regulation is broadly defined as imposition of rules by government, backed by the use of penalties that are intended specifically to modify the economicbehaviour of individuals and firms in the private sector.]]> 2018-01-23 16:07:45 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223849600 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/223850055 consists of rules identifying permissible and impermissible activity on the part of individuals, firms, or government agencies. Social Regulations are aimed at restricting behaviors that directly threaten public health, safety welfare or well being.]]> 2018-01-23 16:08:38 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223850055 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/223850602 Is a merge between two competitors that sell similar products in the same geographic market. ]]> 2018-01-23 16:09:35 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223850602 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/223850950 Law that broadly outlawed  a monopoly; prohibits monopolies or unreasonable combinations of companies to restrict or in any way control interstate commerce.]]> 2018-01-23 16:10:07 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223850950 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/223852193 amendment passed by U.S. Congress in 1914 that provides further clarification and substance to the Sherman Antitrust Act of 1890 on topics such as price discrimination and price fixing and unfair business practices. The Acts are enforced by the Federal Trade Comission (FTC) and the Antitrust Division of the U.S. Department of Justice (DOJ).]]> 2018-01-23 16:12:15 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223852193 150003401 https://padlet.com/150003401/3m5k63hfjq8e/wish/223854267 The act created the Federal Trade Commission board. The board investigates violations of anti trust laws and upholds them. ]]> 2018-01-23 16:15:43 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223854267 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/223855300 When a company forces you to buy something else unrelated to a product in order for you to buy the desired product you were looking for. ]]> 2018-01-23 16:17:29 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223855300 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/223855975 efers to the practice of members of a corporate board of directors serving on the boards of multiple corporations. A person that sits on multiple boards is known as a multiple director.]]> 2018-01-23 16:18:40 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223855975 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/223856481 Bolstered by the Wheeler -Lea Act created the Federal Trade Commision and gave it authority to investigate unfair methods of competition and deceptive acts or practices in commerce ]]> 2018-01-23 16:19:25 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223856481 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/223856940 Any merge that is not horizontal or vertical, but a combination of firms in different industries or firms operating in different geographical areas. ]]> 2018-01-23 16:20:10 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223856940 150003401 https://padlet.com/150003401/3m5k63hfjq8e/wish/223861208 Many people say that social regulation is necessary and has benefited society greatly. Others believe it is too excessive and makes it economically more difficult for businesses to survive.]]> 2018-01-23 16:27:02 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/223861208 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/225720817 The differences found in individuals income or a groups income. ]]> 2018-01-29 16:41:15 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225720817 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/225721549  A graph in which displays the cumulative percentage of total national income. ]]> 2018-01-29 16:42:26 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225721549 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/225722443 A measuring tool to measure the overall dispersion of income. ]]> 2018-01-29 16:43:53 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225722443 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/225723234 Movement of individuals or households from one income quintile to another over time. ]]> 2018-01-29 16:45:09 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225723234 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225724808 denoting a legally enforceable order from a court or government agency directing someone to stop engaging in a particular activity.

]]> 2018-01-29 16:48:07 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225724808 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225725450 United States federal law that amended Section 5 of the Federal Trade Commission Act to proscribe “unfair or deceptive acts or practices” as well as “unfair methods of competition.” It provided civil penalties for violations of Section 5 orders.]]> 2018-01-29 16:49:20 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225725450 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/225725668 Provide specific goods or services instead of money. ]]> 2018-01-29 16:49:45 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225725668 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225726134 Celler–Kefauver Act is a United States federal law passed in 1950 that reformed and strengthened the Clayton Antitrust Act of 1914 which had amended the Sherman Antitrust Act of 1890.

]]> 2018-01-29 16:50:36 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225726134 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225727070 Standard Oil Co. of New Jersey v. United States, 221 U.S. 1 (1911), was a case in which the Supreme Court of the United States found Standard Oil Co. of New Jersey guilty of monopolizing the petroleum industry through a series of abusive and anticompetitive actions.

]]> 2018-01-29 16:52:10 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225727070 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225727247 U.S. Steel was acused of monopoly but court ruled no because of the establishment of the rule of reason in which not all monopolies are bad because this company did not engage in anti-competitive actions it simply experienced huge economies of scale. ]]> 2018-01-29 16:52:28 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225727247 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225729089 approach by competition authorities or the courts where an attempt is made to evaluate the pro-competitive features of a restrictive business practice against its anticompetitive effects in order to decide whether or not the practice should be prohibited.]]> 2018-01-29 16:55:44 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225729089 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225729468 Several Justices were forced to disqualify themselves as Alcoa shareholders; hence, the case was adjudicated by the New York Circuit Court of Appeals, led by celebrated jurist Learned Hand. Market definition was a key aspect of the case. They ruled a mere possession of monopoly power meant that they were a monopoly. ]]> 2018-01-29 16:56:31 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225729468 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225730006 Cellophane was a DuPont Company plastic wrapping material that had its U.S. production restricted to du Pont by numerous patents in the early 1950s. ... du Pont) was decided by the Supreme Court in 1956. Court ruled theywere not a monopoly becasue they only owned 20% of production equiment and not all production equiment. ]]> 2018-01-29 16:57:30 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225730006 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225731037 Microsoft was acused of anticompetitive actions and was ordered by court to break up into smaller companies. They were later compensated with a warning to just not do it anymore which was a behavioral remedy. ]]> 2018-01-29 16:59:31 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225731037 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225732301 A merger between companies that sell the same product]]> 2018-01-29 17:02:11 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225732301 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225732534 A merger between the line of production of a specific product like the production of coffe]]> 2018-01-29 17:02:43 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225732534 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225732820 Merger between different products like iphone and nike shoes]]> 2018-01-29 17:03:18 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225732820 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225733406 hat the act is inherently illegal. Thus, an act is illegal without extrinsic proof of any surrounding circumstances such as lack of scienter (knowledge) or other defenses. Acts are made illegal per se by statute, constitution or case law.]]> 2018-01-29 17:04:34 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225733406 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225734002 A monopoly that has resulted due to huge amounts economies of scale and not to anticompetitive actions]]> 2018-01-29 17:05:42 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225734002 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225734747  is an economic theory first developed by Arthur Cecil Pigou that holds that regulation is supplied in response to the demand of the public for the correction of inefficient or inequitable market practices.]]> 2018-01-29 17:07:06 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225734747 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/225735062 of regulation states that politicians. supply regulation to those industries which seek it. Once a. industry is a legal cartel, it is guaranteed profitability and. security from competition.]]> 2018-01-29 17:07:48 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/225735062 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/226628449 Greater income equality comes at the opportunity cost of reduced production and income. ]]> 2018-01-31 15:51:47 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226628449 150003401 https://padlet.com/150003401/3m5k63hfjq8e/wish/226628608 Income is generally the amount of cash you make after a certain amount of time. Wealth, however, is a measurement of an individual's assets. These include stocks, bonds, land, art pieces, etc. ]]> 2018-01-31 15:52:02 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226628608 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/226631161 The percentage of the population living in poverty.]]> 2018-01-31 15:55:59 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226631161 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/226631682 Replace earnings that have been lost due to retirement, unemployment and it provides health insurance for the elderly. ]]> 2018-01-31 15:56:47 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226631682 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/226632975 System that includes programs that entitle all legal people to receive the benefits set forth in the programs. ]]> 2018-01-31 15:58:40 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226632975 150003401 https://padlet.com/150003401/3m5k63hfjq8e/wish/226633649 For example, in the 1930's, some white employers would only hire black workers over white workers if they can hire black workers for a lower price. The declining coefficient of employer discrimination indicate that over time competition decreases discrimination]]> 2018-01-31 15:59:26 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226633649 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/226634511 Federal insurance program that provides health insurance benefits to those older than 65 and the ones that are disabled. ]]> 2018-01-31 16:00:48 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226634511 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/226635709 Federal program that provides a uniform nationwide minimum income for the aged, blind, and disabled who are unable to work and do not qualify for social security. ]]> 2018-01-31 16:02:39 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226635709 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/226636788 Basic welfare program for low income families in the United States. ]]> 2018-01-31 16:04:11 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226636788 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/226637654 Federal program that provides medical benefits to people covered by the SSI and TANF.]]> 2018-01-31 16:05:23 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226637654 150003401 https://padlet.com/150003401/3m5k63hfjq8e/wish/226638374 The supplemental nutrition assistance program helps insure that those that are impoverished are provided food via EBT cards. These cards ensure that the government provided money can only be spent on food. ]]> 2018-01-31 16:06:32 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226638374 444003124 https://padlet.com/150003401/3m5k63hfjq8e/wish/226639572 Refundable Federal tax credit provided to low income wage earnings to supplement their families incomes and encourage work. ]]> 2018-01-31 16:08:29 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226639572 150003401 https://padlet.com/150003401/3m5k63hfjq8e/wish/226644488 Medicaid provides subsidized medical insurance for people who are also on other basic welfare programs.]]> 2018-01-31 16:15:19 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/226644488 alan72martinez https://padlet.com/150003401/3m5k63hfjq8e/wish/232225609 2018-02-16 04:40:47 UTC https://padlet.com/150003401/3m5k63hfjq8e/wish/232225609