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much will depend on whose laws govern trade.Managing Euro Risk explains how the problem has arisen. Legally, the Eurozone … has circumvented the Basel rules. Eurozone states can raise funds on the debt markets, behaving as sovereign, but in fact … by an absence of transparent accounting practices. The upshot is that the Eurozone’s financial sector today is under …
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The rise of modern corporations has been accompanied by an expansion of salaried executives who have replaced owner-managers. With this expansion, the new class of managers/executives came to regard themselves as stewards of large and complex corporations, and not principally or exclusively as...
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Antitrust law is the primary legal obstacle to price fixing, which is condemned by Section 1 of the Sherman Act. Firms that engage in price fixing may try to reduce their probability of antitrust liability in a number of ways. First, members of a price-fixing conspiracy go to great lengths to...
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