Essays on cartels

More Essay Examples on Mexico Rubric Hitmen known, as Sicarios are armed groups in the cartel that are accountable for committing other crimes such as assassinations, kidnappings, thefts, and other extensions that retain harm. They are also to protect their territory and their cartel organization from other cartels.

Essays on cartels

Problems in the Indian Position …………………………………4 3. The Case for Criminalisation in India …………………………. It has identified that cartels offer no genuine economic or social benefits that could justify them. They result in a reduction in productivity and an increase in the price above the appropriate market level, resulting in customers purchasing less of the cartel product and paying more for what they do purchase.

This causes a misallocation of resources and a reduction in efficiency. It protects cartel members from a necessary exposure to market forces, meaning that they are not incentivised to control costs and pursue innovation.

The discussion regarding whether to place criminal sanctions as part of anti-cartel enforcement is slowly growing around the world. It is the objective of this article to show that there is a strong case in its favour.

Criminalization is a policy choice that reflects a pragmatic governmental intervention in a market that has an especially heavy reliance on free markets. It is intuitively understandable that such economic systems that are characteristically in favour of free markets would be very concerned about the cumulative effects of market power and the fair operation of big businesses.

As an aside, it may be considered that if India aims to take such a course, criminalization of cartels would serve an important role. Such policies are based on social experience and rigorous reasoning supported by appropriate moral strictures.

One of the most important features of the history of legal stances towards business cartels involved in such activities as price-fixing, market sharing and bid-rigging was the differentiation in the approaches taken by the two leading jurisdictions for legal innovation— North America and Europe.

However, during the final years of the twentieth century a marked shift of attitude has been seen within European legal systems, suggesting a shift towards the American approach towards cartels.

This increasing consensus has resulted in criminalization as part of competition law alongside more traditional procedures of administrative control.

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The concept of introducing criminal sanctions for cartel behaviour is not an altogether new one, though modern jurisprudence swerved away from the previous stance. A substantial number of civilisations and kingdoms, including Mesopotamia, India, China and Israel, had brought to force laws prohibiting price-fixing and monopolization from antiquity.

The practice of criminalizing such activity dates back to the s even in the common law system. This is understandable given the apparent in res nature of many competition rules. In England, the common law competition rules were backed up with statutes.

ByEnglish law had in place a statute criminalizing hard core cartels.

Essays on cartels

The English legal system came to be subsequently exported to the colonies, including America, which then resulted in a number of statutes prohibiting forestalling and monopolies.

Taking into account these historical circumstances and the actual market impact of the damage caused by the cartels in question, legal sanctions varied from civil fines to criminal penalties.This free Business essay on Cartel behaviour is perfect for Business students to use as an example. Mexico’s Drug War Drug trafficking has become an increasingly growing problem in the world today.

Illegal drug trade is a worldwide black market consisting of production, distribution, packaging, and sale of illegal substances. This free Business essay on Cartel behaviour is perfect for Business students to use as an example.

Mexican Drug Cartels Essay.

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Cartels Mexico’s is at its thinnest line of being uncontrolled - Mexican Drug Cartels Essay introduction. Cartels are a big problem in Mexico and are ruining the country; they are a serious mater in the world we live in today. For Mexican drug cartels, this is great news.

They stand to turn an extremely large profit: % to 10,%. With profits in the billions of untaxed dollars, there is no shortage of organizations, some more organized and prone to violence than others, competing to control the valuable trafficking routes.

Mexican Cartel Essay. Words 7 Pages. Mexican Cartel Drug War Mexico has a long history of cartels the deaths, drugs and weapon trafficking is in all time high increasing year by year. “Mexico's gangs have flourished since the late 19th century, mostly in the north due to their proximity to towns along the U.S.-Mexico border.

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Essay Cartels and Competition | Pratik Ranjan Das -