Competition is an essential part of the American economy, as it drives companies to innovate, keeps prices down and helps to keep them honest. And while it’s generally a good thing when a business does well, sometimes a business does so well that it can potentially stifle competition, hurting the economy. It’s for this reason that antitrust laws were created: to preserve competition and protect consumers from the abuses that might arise in a non-competitive market. Continue reading “What is Antitrust Law”
Category: Business Law
Why Do So Many People Incorporate in Delaware?
It’s hardly a secret that many people look to Delaware when they want to incorporate a new business or reorganize an old business. However, people unfamiliar with business law might wonder why someone would want to incorporate there, even people who don’t intend to do business there. After all, isn’t it easier to just incorporate in your own state? Continue reading “Why Do So Many People Incorporate in Delaware?”
Taking Stock of Stocks
When you hear about stocks, it’s usually in the context of the stock market, where people buy and sell shares in companies in the hopes of turning a profit. But what, exactly, is it? What does it mean to have stock in a company, and what can you do with it besides sell it on the market? Continue reading “Taking Stock of Stocks”
Hanging Up Your Hat: What Happens When You Want to Leave Your Business?
Nothing lasts forever. Even if you’re a business owner and you love what you do, at some point you’ll want to leave your business, either to move on to greater things or to enjoy your retirement. But what happens once you leave your business? Does it linger on, or do you close shop for good? And what happens if you do? Continue reading “Hanging Up Your Hat: What Happens When You Want to Leave Your Business?”
Delaware Court Approves Shareholder Demand to See Facebook’s Books
The Delaware Chancery Court has recently approved a demand by Facebook’s shareholders to see their books and records. This demand, called a Section 220 demand, was filed as a means of examining potential wrongdoing by Facebook’s leadership during the Cambridge Analytica scandal. Cambridge Analytica (CA), a now-defunct political consulting firm, was accused of stealing the data of 50 million American Facebook users which it utilized to influence the 2016 United States Presidential Election. Continue reading “Delaware Court Approves Shareholder Demand to See Facebook’s Books”
The Danger of Double Taxation
Oftentimes, when people are discussing corporate taxation, one of the things they’ll refer to is “double taxation,” and how unfair it is. The term may be confusing for people unfamiliar with the tax code, who wonder how it is that corporations can be taxed twice. However, it’s not as complicated as it sounds, and understanding double taxation can make a big difference when deciding how to organize your business.
Continue reading “The Danger of Double Taxation”
When is it Time for a Business Divorce?
Perhaps you’ve been with your business partner for a long time. It’s been years, maybe decades, and for a while, it was working out fine. However, over time you’ve found yourselves growing apart, spending less time together or fighting more frequently than you once did. Even if you still get along just fine otherwise, it might be time to consider a business divorce, for both the sake of your business and for your own sake. Continue reading “When is it Time for a Business Divorce?”
The Benefits of “Pass-Through” Companies
If you are involved in business long enough, you’ll hear about “pass-through” companies, and you might wonder what those are. What’s passing through them, and why would you want something to pass through them at all? Put simply, there are certain kinds of companies that will allow you to treat the company’s income as though it were your own income, which has both benefits and drawbacks. Continue reading “The Benefits of “Pass-Through” Companies”
House Judiciary Committee Opens Antitrust Investigation Into Big Tech
The United States House of Representatives’ Judiciary Committee has begun to investigate several major tech companies, including Google, Facebook, Apple and Amazon, for alleged violations of antitrust law. The allegations stem from these companies’ dominance of their respective markets, as well as certain alleged anti-competitive practices that allow the companies to keep competitors from encroaching on their market share. A focus in the initial hearing was the impact these companies have had on the news industry, particularly the advertising revenue models of Google and Facebook, which are blamed for a decline in the revenue generated by traditional news media. Continue reading “House Judiciary Committee Opens Antitrust Investigation Into Big Tech”
C-Corps vs. S-Corps: Which Are Right for You?
Most people starting out with their new business are going to have their hands full, simply thinking about whether incorporating is right for them. When they learn there are multiple kinds of corporations, they can start to feel overwhelmed. However, it’s not quite so complicated as it first appears, and there are just a few basic things you need to keep in mind if you’re deciding on how you want to incorporate your business. Continue reading “C-Corps vs. S-Corps: Which Are Right for You?”
