It is estimated that crude oil, tourism and illicit drug trade are among the top five most financially inducing business in the world. Drug cartels conducts sophisticated and well organised activities including money laundering and monitoring of large networks of their couriers. In past the...

Rule of Law and strong legal systems are considered a pre-condition for sustained development. Their relative weakness in the under-developed world is considered as the main obstacle to growth. Strengthening Rule of Law and legal systems has, therefore, become a standard advice from the...

An ongoing problem in the application of U.S. antitrust law is the delineation of the appropriate product market. Demand and supply substitutability, as measured by the coefficients of cross elasticity of demand and the coefficient of elasticity of supply, respectively, were introduced in the...

On 1st October 2011 a new Romanian Civil code has been enacted, which has included therein the regulations of commercial law. This new regulation meant not only taking some provisions from the former Commercial Code, thus repealed, but also redefining some institutions of business law and...

The article presents research in the role and significance of evaluation categories in the legal system. It is proved that presence of evaluation categories is unavoidable for a legal system of any country of the world. In terms of Russia the authors show a different role and significance of...