2. Microsoft has dominated the software market internationally and has provoked numerous legal proceedings in the U.S. concerning monopolistic and anti-competitive acts. In the U.S., this resulted in allegations of intending to create a monopoly through product bundling and tying of Internet Explorer with the Windows operating system. In the end, Microsoft conceded to a court order to remedy these business practices. Microsoft has been subject to similar competition cases within the EU. Describe competition laws that Microsoft is accused of violating and the articles these regulations fall under.

- International Contracts and Partnership Agreements Apply your understanding of the knowledge and skills addressed in this Unit.

1. What are three clauses that can be used to manage potential legal issues in international contracts?

2. Compare and contrast mediation, arbitration and litigation and outline the main differences.

3. Analyze the advantages and disadvantages of developing a licensing contract as a foreign market entry strategy. Challenge yourself to apply learning from this Unit in more complex situations and contexts that relate to your own environment or ones of particular interest to you.

1. An organization conducting business abroad is subject to many different rules and regulations. Discuss the types of matters it could be subject to. Consider whether only the foreign laws will apply, or whether the organizations domestic laws would also apply. Consider also what risks the organization may be subject to when conducting business abroad. 2. Read the following hypothetical scenario and answer the following question. Munthali Limited is a cotton distributor in Zambia that partners with smallholder cotton farmsone of the integral components of the Zambian economy. The distributing company has experienced rapid growth recently, and is well poised to enter the foreign market with textile producing countries such as Bangladesh, China, India, Thailand and Vietnam. After research and planning, Munthali Limited has developed a relationship with a large clothing production company in Guangdong Province, China, and is ready to move forward with a contract to export. a

. Using the information and resources provided in this Unit, detail the process and relevant factors that must be considered when creating a sound contract for this venture. Be sure to reflect on issues that may arise on both sides of the contract, as well as clauses and methods for risk mitigation and dispute resolution