International Legal and Ethical Issues in Business IP Week 4 Essay

International Legal and Ethical Issues in Business IP Week 4 - Essay Example Competition law and the antitrust laws are examples of such regulations. The laws are set of rules and regulations designed to enhance competitive environment in the business environment. This paper evaluates an example of a merger between two major telecommunication companies. Some issues arise due to generic competition. Generic competition stems from producers who do not incur costs in research before they launch a product to market. It results in the original manufacture imposing some restrictions to protect their brands. This paper will address legal barriers in introducing a new product to market and possible dilemmas. Key words: competition, legal, mergers, antitrust and law. International Legal and Ethical Issues in Business Introduction The antitrust laws were put in place by the federal and state governments in United States to regulate businesses. The laws ensure that companies do not become too big and they do not fix their prices. The law also ensures that there is perfe ct competition in market so that the consumer welfare is maintained. The federal governments are also mandated in reviewing potential mergers to attempt to prevent market concentration. The antitrust laws apply to businesses and individuals. The laws were enacted to stop businesses that go too large from blocking competition and abusing their power (Baker, 2004). The antitrust law is aimed at ensuring perfect competition. ... It is estimated that pharmaceutical companies spend an average of $800-1 billion and between eight and sixteen years to research a new drug (Crandal & Clifford, 2003). Research need to be conducted to ensure that the drug introduced to the market can compete perfectly. The drug should also meet the target population needs; it should be in a position to solve their problems. As a result, an extensive research should be conducted to make sure that the brand conforms to set standard and market needs. Due to this, high cost is incurred. Legal Barriers to Market Entry Legal requirements have to be followed by the drug manufacturers to ensure that they enter the market with legal approval. There are legal barriers that control the entry of drugs to the market in the United States. In 2003, President Bush signed into law the Medicare Prescription Drug, Improvement and Modernization Act of Approval. The act has had major impact on the entry of generic pharmaceutical drugs to the market. The 2003 act contains three rules that control the entry of the drugs to the market. The act allows a minimum of one 30- month stay per generic application, clarifies the types of patents that must not be submitted to Food and Drug administration for listing in the orange book, revises the information required to be submitted on patents, and consolidates all patent information on declaring forms to ensure that the submissions are more informative and precise. In addition to the 30 month stay per application, the FDA tightened control on the types of patent claims submitted by the innovator company. The law ensures that the innovator drug companies would no longer be able to submit patents claiming packaging, metabolites and

Java Graphical user interface (GUI) Essay Example | Topics and Well Written Essays - 750 words

Java Graphical user interface (GUI) - Essay Example In the early 1930s, Vannevar Bush first envisioned of a device he called a â€Å"memex,† which was visualized like a â€Å"desk with two touch screen graphical displays, a keyboard, and a scanner attached to it† (Reimer). During that time, there was no way to execute his ideas and his concepts caught little attention. It was not until after the Second World War that those computing machines that are programmable were produced. Bush revived his memex desk concept and, in 1945, he published it in his article in Atlantic Monthly, entitled â€Å"As We May Think† (Reimer). This was the inspiration of the young Douglas Englebart, the pioneer of the graphical user interface. In 1948, Douglas Englebart finished a degree in electrical engineering. While working at the Stanford Research Institute in the 1960s, he began developing the On-Line System, â€Å"which incorporated a mouse-driven cursor and multiple windows† (Szturc). Xerox Corporations Palo Alto Research Center designed the first graphical user interface in the 1970s using the â€Å"WIMP (windows, icons, menus, and pointers)† model (Szturc). In 1981, Xerox 8010 Star system was released commercially. Several units were released after the Star system; nevertheless, the first commercially successful GUI was that of the Macintosh, released in 1984. The widely used Microsoft Windows (MS Windows) was sculpted in 1985, modeled after the Mac OS GUI. Two years after, Apple introduced the first color GUI, the Mac II. MS Windows 3.0 was released into the market in 1990, the advent of the popularity of the Windows interface series. Java is a general-purpose programming language. Its features are best suitable for Web-based use. Graphical user interfaces work best for Java applications designed for a wide range of users, and for Java-based applications that require the display of data. Through the Abstract Windowing Toolkit, or AWT, Java supports a graphical user interface development. AWT

Why do you think science fiction is so popular today Essay

Why do you think science fiction is so popular today - Essay Example the modern world is attributable to the great scientific progress that has been made in recent years, the expansive nature of the genre, and a general unease with contemporary society and our collective futures. One of the major reasons science fiction is widely popular today is because of modern technological advances. The last two decades have witnessed an infusion of technology the rapid progression of which the world has never before experienced. In these regards, one considers the development of the Internet and digital technology as some of the prominent developments. In addition, cloning and stem cell research has also presented great potential for the genre. Ultimately, with the explosion of these technologies a corresponding desire to explore their extreme potentials in literature and entertainment has largely fueled the genre. Another prominent reason science fiction is extremely popular in the contemporary world is because of the expansive nature of the genre. Science fiction is unique among genres in that it is restricted only by the imagination of the writer. This is contrasted with genres such as film noir, westerns, or even romantic comedies that are subject to highly restrictive genre conventions that grow tired after a number of years. Conversely science fiction is constantly able to reinvent itself in accord with specific changes in technology and the cultural milieu. This ability to constantly explore the spectrum of human knowledge and experience allows the genre to stay highly relevant in the contemporary world. A final reason science fiction is widely popular is because of general unease with society and our collective futures. The current world has problems. Countries such as Italy and Greece are facing bankruptcy and the rest of Europe and the United States face a considerable recession. There are growing concerns with global warming, world hunger, and HIV. With this great amount of social unease the need for a dream-like and imaginary

Are available Supreme Court Decisions equipped to deal with emerging Essay

Are available Supreme Court Decisions equipped to deal with emerging technological advances - Essay Example The surfacing of new technologies used in fighting crime and the constitutional questions they raise warrants a new approach to these technologies in trying to protect individual rights while at the same time fighting crime. For the last few decades, the Court system has been struggling with the issue of technological advances and their constitutionality. Courts have not only been cautious of the role played by technological devices, but general public interest and maintaining the rule of law in every scenario. Technological advances involving the use of gun detectors, use of less lethal weapons, monitoring of email communication have sparked controversy all over the U.S. In addition, warrant requirements for searches/seizures in cyberspace have been delved into by the Supreme Court. Use of Gun Detectors Emergence of new technologies such as metal and gun detectors and the test of their constitutionality has led to a fresh overview of the functions of the handgun in the Fourth Amendm ent jurisprudence. Courts have always dealt with the issue of weapon searches as they have always been wary of departing from the constitutional requirement that searches can only be conducted in the presence of a warrant occasioned by probable cause. The Supreme Court’s decision in Terry v. Ohio showed a laxity to institute the prerequisite for conducting a search when the aim of the search is recovery of a hidden gun. The Supreme Court unwillingly relaxed this requirement with a view to uphold Terry’s rights according to the Fourth Amendment. The Supreme Court acknowledges that weapons searches and examinations of suspects holding illegal guns are paramount to protecting both the public and the police during street interrogations. In addition, the Court approved the â€Å"pat down’ system in determining whether a suspect is in possession of a handgun as it saw this system as a less intrusive way of conducting searches. We note that there are currently unlimit ed weapon searches places at points of entry such as airports and institutions including courthouses and schools. Gun detection in these places is on different contexts, but aims at achieving a universal goal, however, in the course of gun weapons searches, other contraband are discovered, which are later used as evidence against the defendants, even if a gun was not discovered (Johnson, p. 199). The current use of gun detection measures, which are deemed less invasive, such as pat downs are rather ineffective in detection, this warrants the use of metal and gun detectors based on less than probable cause, which has been approved by the Court. The Supreme Court advocates for the use of gun detectors that serve to distinguish those carrying a gun from those who are not while at the same time not providing any additional information on the person being screened. This will ensure law enforcers are able to detect concealed weapons while protecting civil freedom. In street interrogations , the Supreme Court on Terry v. Ohio exemplifies the Fourth Amendment as meaning that seizure or searches, based on probable cause, conducted without issuance of warrants are a violation of a person’s civil liberty and thus the search results are inadmissible in court. While the Court acknowledges that searches based on probable

Roles, Relationships and Responsibilities in Lifelong learning Essay

Roles, Relationships and Responsibilities in Lifelong learning - Essay Example The religious teachings must not be aimed at spreading the lessons of a particular religion to influence the idea, thoughts and beliefs of the learners. Such acts of religious teaching are prohibited by the law. The teachings of different religion and faith are, however, not prohibited. The teaching of religious education should not be biased and should give equal respect to the faith and belief of all the religions. The regulatory requirements although imposes limitations on the schools to impart religious education on a particular belief or faith but allows flexibility to the teaching of religious education in the terms of the time and process of exploration of religious ideas and beliefs for dissemination to the learners. The codes of practice for teaching of religious education offers liberty to the teachers of religious education to engage into teaching of as many religious lessons and faith to the students but disallows confinement or stress on a particular religion. Thus the r ole of teachers is very important in developing a non-biased environment during the process of teaching. There is ample scope of questions related to values of life in religious teaching. The codes of practice allow teachers to address such question in an effective manner in order to impart complete teachings in the field of religious education. ... The promotion of equality and valuation of diversity in religious teachings is a key area of responsibility for the teachers. The teachers should be responsible in imparting the religious beliefs of all faith to learners. The strength of religious teachings lies in the inclusive aspect of the field. The teachers are responsible for non-discrimination of primary or specific religion among the vast field of religious ideas and beliefs. The learners should have the freedom to question on any aspect of religion keeping due respect to the teachings of other religions as well. The students irrespective of their notions on different religions and culture should be treated equally by the teachers. The students should have the freedom to raise the queries on the subject. The teachers should distribute equal emphasis to the teachings of all religion in order to attain equality in religious teachings. The weakness factor is presented by the aspect of diversity in religious teaching. Thus the te acher also has the responsibility of managing diversity in religious teachings. The teacher should be able to value diversified ideas and beliefs of different religions. The fundamentals of various religious faiths should be clearly explained to the learners. The responsibilities of the teacher demand avoidance of any bias and value the diversified ideas by developing a comprehensive study of religious teachings. These are the factors that influence the responsibility of the teachers in achieving equality and valuing diversity in religious teachings (Gravells and  Simpson, p.56). Evaluation of roles and responsibilities in the Lifelong learning The evaluation of roles and

Introduction to Financial Accounting Assignment Example | Topics and Well Written Essays - 750 words - 1

Introduction to Financial Accounting - Assignment Example The researcher states that it is important to recognize that there are various types of financial statements; the balance sheet, the income statement, the statement of retained earnings and the fourth one is the statement of cash flows. The balance sheet also abbreviated as BS is the one that includes records that show the financial position of the organization as at a certain time. It is particularly charged with offering information on the organization’s assets, liabilities and lastly the capital outlay. Through the balance sheet, the various stakeholders are able to analyze the strength and potential of the enterprise. The income statement, on the other hand, gives information on how the enterprise performed within a certain period in time. It usually includes operating and non-operating activities that resulted into bringing in revenue or incurring of expenses by the firm. Therefore, when the two are drawn together the end result is a loss, a profit and rarely an equal bal ance and for this reason it is in other words termed as the profit and loss account or statement abbreviated as P & L. The third is the statement of retained earnings which gives information on the various changes that have occurred to retained earnings of an organization within a certain period. It shows how the retained earnings as at the beginning of a certain period was affected during the period to arrive at the closing balance of that period. The last record is the statement of cash flows which shows where a company’s financing is derived from and the various spending channels of the said finances. It shows an account of cash and cash equivalents and how these are flowing in and out of the company.

Anything Essay Example | Topics and Well Written Essays - 2000 words

Anything - Essay Example The government can do so by providing effective legal mechanisms for the citizens who are willing to seek just compensation for the property rights owned by them. There are property rights in the alternatives among all the legal asset uses as well as on the freedom from the politically imposed constraints n the asset usage. Rights are available in the alternative among the legal ways of income generation and also on the capability to hold back the income generated by the users of the assets. Rights are accrued in excluding all third party usage of assets which can use it for their benefits, the freedom exist on the holder to sell the owned asset to the highest bidder or the owner can also move into some agreement and legally transfer the rights to the bidder. Types of Intellectual Property Rights In democratic societies there are few problems between the coercive and the pre-emptive powers of the state and individual rights and freedom. Democracy lacks the potential to protect the ri ghts as democratically protected governments can make some changes that may lead to deprivation for some rights to the minority of the society. There is no simple match between the allocation of the property rights and the ownership concept. ... Copyright refers to legal protection of an original work. It is given by governments to the creator of an original work if the creator applies for copyright for publishing original work to the public. Generally, copyright is given for a limited time. The owner of the asset can apply for copyright so that the other users cannot replicate the invention. In case of the music industry the musicians can apply for copyright for the original content so that the other musicians cannot use the content in any other means. By holding the copyright the owner of the asset can use it for personal benefit. It is also a form of securing intellectual property like patent and trademark and applicable for any expressible for of real idea or information. The original work or invention might be subjective or descriptive like unique design of a show. Trademark is a distinctive sign which represents legal registration factor of a product or a service. Trademark is generally used by businesses and it also c an be used by any individual. This used by businesses for ensuring customers that the product is comes from a unique source to a specific market. Trade mark is a pre registration stage of a product or service. Therefore, the owner of a trademark can sue legal proceedings for any kind of trademark infringement activity. The company can initially use trademark (TM) symbol to promote the brand before final registration of the product. Registration of a product especially for getting license to use R sign requires quite long time. Therefore, the company should trademark the brand or product to promote in the market and also to receive trust from target customers about the quality authenticity of the product. Legal