Domestic And Foreign Laws And Regulations Regarding Their...

One of the most difficult obstacles that international companies face is the proper following of the different domestic and foreign laws and regulations concerning their business operations. Each country has its own government and legal bodies that produce different legislation and direction that the companies, domestic and foreign based, working within that country have to obey. Uber is an example of one of those global companies. Uber runs in over five hundred cities in several countries, meaning it frequently has to address these regulation issues. The three biggest problems that Uber deals with involve combating protest from taxi/limousine companies, complaints about its surge pricing, and its independent contractor identification for their drivers. Legal forces play a key role in the undertaking and resolving of all three of these major issues for the technology firm. From Uber’s beginning, it has faced opposition from traditional taxi and limousine companies who feel that the â€Å"tech† company should be required to follow the same kind of regulations they do, with regards to background checks and licenses, because of its transportation activities. These companies have lobbied for increased regulation for Uber, especially in cities like New York City and Los Angeles where taxi companies have the most work. The way that Uber has been able to combat these charges is through litigation. Litigation is a legal proceeding conducted in order to determine and enforceShow MoreRelatedLegal Memorandum911 Words   |  4 Pagesdecision to expand to Mexico. There are several legal and ethical areas pertinent to doing business internationally in Mexico. They derive from aspects of both the American and Mexican legal environments as outlined herein. I. Domestic Law A. The FCPA 1. The Foreign Corrupt Practices Act (FCPA) governs the conduct of business operations and activities by American companies engaged in international business (Mundial, 2013). Through the statutory provisions of the FCPA, companies are prohibited fromRead MoreCoca-Cola Back In Burma1686 Words   |  7 Pagescontributing to the inflow of foreign capital investment. Additionally the release of the sanctions opened the floor for the development of trade agreements, namely free trade agreements and bilateral investment agreements, between Burma and other countries to facilitate further economic growth. In 2012 a Foreign Direct Investment Law was introduced, providing a significant legal issue for foreign investors. FDI is customary trialed under the principles of customary law. However, Burma has not signedRead MoreDelta Airlines : Effect Of Regulation1748 Words   |  7 Pagesexplores how different regulations affected Delta Airlines throughout its existence, and how the recent r egulations might affect the company in the future. It also includes several big events that affected the aviation industry as a whole. In the wake of these events government created new regulations that had an important impact on the way Delta Airlines does business. It also analyzes the recent regulations and situation that will most likely occur in the future regarding different U.S. airlinesRead MoreDelta Airlines : The Largest Operating Airline1458 Words   |  6 Pagesits early years Delta airlines has gone through all the regulation changes from early years of commercial aviation to recent years, and has been highly influenced by the government laws. The first major piece of legislation created by Congress related to aviation industry was The Air Mail Act of 1925, also known as Kelly Act. This act gave an opportunity for airlines to profit from operating mail services, and Delta got involved in the business. In 1927, Delta extended dusting services to Peru, andRead MoreForeign Investment And Trade Policy1565 Words   |  7 PagesForeign Investment and Trade Policy: Brazil can be seen as country that is open and inviting foreign investments. Brazil remains the top destination for FDI in the Latin American region and according the A.T. Kearney Foreign Direct Investment Confidence Index for 2015, Brazil is ranked #6 as a global FDI destination. FDI inflows into Brazil stood at USD 60.5 billion as on Feb 2015, (Central bank of Brazil). The US Department of State’s report on Brazil states that Brazil is a foreign investment friendlyRead MoreA Brief Note On The International Business Situation1473 Words   |  6 PagesII. ANALYSIS OF THE INTERNATIONAL BUSINESS SITUATION A. Economic, political and legal analysis of the trading country 1. Describe the trading country’s economic system, economic information important to your proposed business/product/service, the level of foreign investment in that country According to China Highlights, prior to 1978, China maintained a command economy. Then, China launched multiple economic reforms. The central government made incentives for farmers. It also established SpecialRead MoreNon Metallic Products And Its Effects On The Economy Essay1234 Words   |  5 Pagestrade and whole sale trade; Hotel, Tourism and others. Foreign investors are, therefore, welcomed to invest in most sectors of the economy except in the following areas which are reserved for domestic investors (of Ethiopians foreign nationals who are Ethiopian by birth and wish to be treated as domestic investors as well as a foreign nationals permanently residing in Ethiopia). Meanwhile there are also sector in which both foreign and domestic allowed to work in partnership. This includes: ExcludingRead MorePolitical And Legal Environment Overview Essay1413 Words   |  6 Pagesenvironment as an arena where organisations interact with a body of laws and regulations, guiding interactions between nations, firms and various local government agencies. The political and legal environment in the home country, the environment in the host country, and the laws of agreements governing relationships among nations are all important to the international marketer. It is mandatory to comply with them to do business abroad successfully as it provides a basis and guideline for marketingRead MoreFair Corrupt Law1417 Words   |  6 Pagesshould branch out and start doing business internationally. †Businesses may be required, even in their foreign operations, to continue to follow certain laws of their home country† (McAdams, 2015). One US law that should be paid close attention to when operating internationally is the Fair Corrupt Practices Act. The reason for this act is to prevent US companies from partaking in the act of bribery. Hence a business can’t bribe the foreign government to make business decisions that would benefit themRead MoreDeveloping and designing a mixed-use hotel property represents a certain legal and business1700 Words   |  7 PagesDeveloping and designing a mixed-use hotel property represents a certain legal and business challenge for the developers, owners and the operators since it combines several different venues into the same property. Likewise requires great sum of attention toward the operation and the management of the project. Several governmental and legal characteristics need to be considered, particularly if the mixed-use hotel is located in Vietnam; on the beach of Da Nang. â€Å"Galactica†, an international hotel