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Maritime Insurance & Marine Claims Introduction A contract is termed to be of marine insurance through which the insurer undertakes to recompense the assured, against marine losses, in manner and to the coverage thereby contracted, i.e., th...
the free hand of the market rules the entire industry. Major decisions in the corporate environment are the direct result of the supply and demand conditions of the market. The government only has a supervisory role in such a market, where...
antitrust laws set up by government to preserve market competition. A general overview of accusations brought against Microsoft by Justice Department was given by Hayes in Scholastic Update article The U.S. versus Microsoft (1999) (John 199...
antitrust violations. Department of Justice (DOJ) feels that Microsoft has the monopoly in field of operating systems (OSs), and that Microsoft has traditionally cemented this monopoly through unlawful exercises of monopoly power (Steve 199...
out-of-network terminology sounds confusing, this guide will help you to understand the impact of your insurance company’s network. Your insurer has identi?ed a group of providers who are “in-network” and has contracted with these providers...
antitrust violations also give rise to unfair competition claims, under either federal or state antitrust laws. Examples of unfair competition claims under antitrust laws include predatory pricing, tying agreements, and price discrimination...
On land, oil spills are generally localized and thus their influence can be eradicated relatively easily. In contrast, marine oil spills may outcome in oil pollution over large localities and present serious ecological hazards (Grant, 129)...