Anti-Trust Laws will fall under which component of the PESTLE Analysis?Select one:a.Politicalb.Economicc.Legald.Social

--------- is the study of business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibilityQuestionSocial justiceBusiness ethicsSocial ethicsNone of these

The government of Hamsterville implements a series of laws as a form of antitrust policy.What is the government most likely trying to do?Choose 1 answer:

‘The public interest is best served by a principled and transparentassessment of the considerations identified, rather than the applicationof a formal approach capable of producing results which may appeararbitrary, unjust or disproportionate.’ (Lord Toulson.)Discuss this quote in relation to the evolution and current status of thedefence of illegality, or ex turpi causa non oritur actio.

Part I: True/False (In this section, write whether each statement is true or false for the question that is posed) (9 points in total) 1. Trust is form of informal institution that discourage opportunistic behavior in economic transaction. (1 point) 2. In New institutional economic theory economic agents are assumed to have symmetric information. (2 points) 3. In the new institutional economic view institutions can have the effect of either facilitating or retarding economic growth. (1 point) 4. The frequency of transaction determines the level of transaction costs. (1 points)

Antitrust policy seeks to prevent or eliminate which of the following practices? aFiring of workers bCollusion and price fixing cPollution of rivers dMonopolistic competition