About This Chapter
Below is a sample breakdown of the Antitrust Laws in Business chapter into a 5-day school week. Based on the pace of your course, you may need to adapt the lesson plan to fit your needs.
|Day||Topics||Key Terms and Concepts Covered|
|Monday||Antitrust law||Definition, types, overview of trust, monopoly and relevant government regulations|
|Tuesday|| Corporate expansion|
Types of mergers
|Definition and differences between contract acquisitions and mergers|
Overview of horizontal, vertical and concentric mergers
|Wednesday||Agreements that violate the Sherman Act||Overview of the Sherman Anti-Trust Act of 1890, horizontal and vertical agreements, with examples|
|Thursday||Federal Trade Commission||Powers granted to the commission, principles that prevent unfair trade practices, provisions of the Federal Trade Commission Act|
|Friday||Antitrust enforcement||How antitrust laws are enforced and how different viewpoints impact enforcement|
1. Antitrust Law: Definition, Types & Outline
Antitrust laws are statutes developed to protect consumers from rapacious business practices by making it illegal for businesses to compete in unfair ways.
2. Corporate Expansion: Mergers and Acquisitions
Corporations can grow in two different ways: through expansion of their current business or through mergers and acquisitions. In this lesson, you'll learn about mergers and acquisitions. A short quiz follows.
3. Types of Mergers: Horizontal, Vertical & Concentric
Mergers are endorsed by the government when they do not a create monopolistic environment, and they provide better prices to consumers. In this lesson, you will learn about the three different types of mergers: horizontal, vertical, and concentric.
4. Horizontal and Vertical Agreements that Violate the Sherman Act
There are two types of restrictions under the Sherman Anti-Trust Act. A horizontal agreement between competing businesses includes price fixing, and a vertical agreement between sellers and buyers includes engaging in resale price maintenance. Learn about both types of agreements in this lesson.
5. Federal Trade Commission: Powers, Principles & Provisions
Consumers can be preyed upon by unethical businesses. The Federal Trade Commission (FTC) was developed to protect consumers against fraudulent business practices. In this lesson, you'll learn about the powers, principles and provisions of the FTC.
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Other chapters within the Business Ethics Syllabus Resource & Lesson Plans course
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- The Federal Judicial Branch: Lesson Plans
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- Consumer Rights & Regulations: Lesson Plans
- Ethics in Advertising: Lesson Plans
- Strategies of Special Interest Groups: Lesson Plans
- Technology, Business, & Society: Lesson Plans
- Environmental Issues in Business: Lesson Plans
- The Global Business Environment: Lesson Plans
- International Trade & Business Law: Lesson Plans