Topic: Antitrust Laws
Antitrust laws are demonstrated as rules instituted by the government of U.S. being objectionable on offering protection to consumers from practices that are geared by business predators. In precise, these reigns are aimed at ensuring existence of fair competition in open- market transactions. These are commonly applied in broad series of doubtable business progressions such as prices fixing, allocation of the market, and bid rigging. However, this task is targeted on determining ethical deeds which are supposed to be observed by Merriam Memorial Hospital and True Memorial Hospital so as to ensure adherence to concepts of antitrust laws (Blair, & Harrison, 1993).
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