Wednesday, October 9, 2019
CURRENT LEGAL EVENT Essay Example | Topics and Well Written Essays - 500 words
CURRENT LEGAL EVENT - Essay Example The subscribers alleged violation of the Sherman Act through the decision by the company to undertake clustering. In effect, the corporationââ¬â¢s decision limited competition for its services. It subsequently imposed unfair charges on services to its customers. The plaintiffs included the corporationââ¬â¢s customers. The plaintiffs pledged for a class action in the case. In response, the Supreme Court rejected the plaintiffsââ¬â¢ pledge on a five-four ruling that favored the corporation. The court issued its ruling on the case on March 27, 2013. The majority opinion in the case referred to the class action as unacceptable. This was on grounds that the plaintiffs never provided sufficient reasons to prove that the damage were quantifiable on a class-scale. The only compensation that the plaintiffs would claim from the respondent was that which accrued from compromised over builder competition by the corporationââ¬â¢s actions. The ruling in the case appeared as among the greatest shield that the court grants to companies and corporations against class actions as well as human rights suits. Pro-business court decisions, definitely, have effects on business. The ruling has notable implications on securities class actions that are invaluable in regulating the operations of corporations, companies and other businesses. Antitrust class actions play a central role in keeping corporations and other businesses from violating the rights of customers through overcharges and possible monopoly. The decision was a works against ensuring proper competition in business in the U.S. The plaintiffs including both current and former subscribers to the company claimed the clustering eliminated healthy competition. This would have detrimental effects on the rights of consumers to ensure companies and service providers do not exploit them through such conducts as overcharges. It has a negative effect on business in the U.S sin ce it entails the violation of
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