Examlex
In the spring of 2006 Google was extensively criticized in the media for revealing the names of some of its Chinese users to the Government of China.Google claimed that they were simply obeying Chinese law and that if they did not they would be excluded from the Chinese market.More recently,Facebook was banned following the July 2009 riots.There have been recent reports in 2014 that Facebook is available,but so far this has been restricted to a new free-trade zone in Shanghai.Your company wants to expand into the Chinese market with an app that incorporates social networking,but your company has been told by Chinese government officials that significant changes and restrictions on the use of the app will have to be in place for your company to do business in China.
What can your company do to ensure that they operate ethically in the difficult Chinese business environment?
Sherman Antitrust Act
A landmark federal statute passed in 1890 in the United States, which prohibits monopolistic business practices and aims to promote competition.
Sherman Act
A foundational antitrust law in the United States that prohibits monopolistic practices and promotes competition, enacted in 1890.
Monopoly
An exclusive control over the supply of a product or service in a particular market, often eliminating or restricting competition.
ATC Schedule
A table or graph that shows the average total costs for producing different levels of output.
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