KALAMAZOO COLLEGE - UPDATED FRIDAY, APRIL 7, 2006
	The Review Home About Message from the Editor-In-Chief Editors and Columnists Announcements Contact Us Issues March 2005 March 2006	MARCH 2005 On the right side of this page, you have access to the full version of the entire issue. On the left side, you are able to read full text of specific articles published in the current issue.
		March 2005 – Articles -TORT REFORM- A CASE AGAINST TORT REFORM [pdf] By Sam Sedaei One of the most important current political issues is tort reform and its effects on corporations as well as normal citizens. Even though the supporters of tort reform claim that its main purpose is to reduce the cost of healthcare and also what the proponents of reform call “defensive medicine,” a more thorough investigation of the current situation of tort law as well as the interests behind tort reform demonstrate that the parties that are likely to benefit most from the reform are multibillion dollar corporations and insurance companies that insure physicians. -INTELLECTUAL PROPERTY- THE PHARMACEUTICAL INDUSTRY’S EXPLOITATION OF PRESCRIPTION DRUGS PATENT PROTECTION [pdf] By Mynti Hossain Patent protection has long been secured in the U.S. Constitution, supported by the belief that the monopolistic inefficiency patents create is less than the inefficiency that would result without patent protection. However, the patents described were originally meant for inventors, individuals or small groups of people, not for what so commonly exists in the modern day-corporations. In regards to corporations, patents create the heinous incentive for businesses to exploit resources and people to continue to receive above normal profit. -ANTITRUST- MICROSOFT AND ANTITRUST: WHO WINS? [pdf] By Andrew Rogers Dominant firms such as Microsoft are now largely free to set prices internally over their large shares of the market, while their smaller rivals can neither arrange to coordinate their price setting nor merge with each other. In this way, antitrust does seem to coddle the already-powerful, while attacking small business that would copy their dominant competitors. JOHN D. ROCKEFELLER AND THE STANDARD OIL COMPANY [pdf] By David Kelly During the late 19th and early 20th century, John D. Rockefeller built the Standard Oil Company into the most dominant corporation in U.S. history. Rockefeller dominated his competitors through several questionable business practices, including rebates from several main railroad companies, and by running his business at its most efficient levels. Rockefeller's business practices led to Standard Oil's control of virtually every aspect of the oil industry, from the time the oil was drilled from the ground until it was distributed to consumers. However, its dominance forced to the U.S. government to breakup Standard Oil when it ruled that the company had violated antitrust policies. March 2005 – Columns “NEW DEAL” v. BAD DEAL [pdf] By Sam Sedaei VENTURE CAPITAL LEGISLATION: IMPETUS FOR REFORM [pdf] By Michael Morosi	March 2005 – Full Issue This issue is dedicated to topics of law and economics, such as tort-reform, intellectual property, and anti-trust. DOWNLOAD THE MARCH 2005 ISSUE HERE [pdf]
© Lux Esto Law Review. All rights reserved. Official Disclaimer