Maximizing the slobovian standard of living


Assignment:

The Slobovian Confederation’s five producers control 95 percent of the world’s supply of “goom,” the key ingredient in the production of goomey bears. To maximize the Slobovian standard of living, the government passed a law creating a cartel among the five producers and forbidding access to Slobovian goom by any other entity. The price of goomey bears skyrocketed in the United States. Giggles Consolidated, a U.S. candy manufacturer, attempted to purchase a goom mine in Slobovia but was rejected by the cartel. As a result, Giggles brought an antitrust action against the cartel members in federal district court. Does U.S. law apply? If the U.S. court finds for Giggles, how can U.S. courts enforce such a judgment?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

 

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Business Law and Ethics: Maximizing the slobovian standard of living
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