BMBA9454, Legal Environment | Professor Shannon

We delve into key areas of the legal environment that shape the modern business landscape. Each episode engages with critical legal topics and breaks down complex concepts into practical insights for business graduate students. Understanding these foundational legal principles is essential to success in entrepreneurship, corporate leadership, or strategic decision-making. For graduate students in business, these legal topics are not just theoretical—they are practical tools for managing risk, fostering innovation, and creating sustainable, competitive organizations. A solid grasp of these areas empowers future business leaders to make informed decisions, anticipate challenges, and seize opportunities in an increasingly complex and interconnected global economy.

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Episodes

Wednesday Jan 29, 2025

Episode 3: Monopoly or Market Leader? Understanding Section 2 of the Sherman Act
We will explore Section 2 of the Sherman Act, a cornerstone of antitrust law that addresses monopolization, attempts to monopolize, and conspiracies to monopolize.

Wednesday Jan 29, 2025

Episode 2: Breaking Chains: How the Sherman Act Targets Restraints of Trade
We’re focusing on one of the core provisions of the groundbreaking Sherman Antitrust Act of 1890: Section 1, which prohibits agreements that restrain trade.

Wednesday Jan 29, 2025

Episode 1: The Birth of Antitrust: Trusts, Monopolies, and the Laws That Shaped Competition
We'll examine the origins of antitrust law, exploring its foundations in the Gilded Age and its evolution to address the complexities of modern industries, particularly the digital economy. We’ll look at how laws crafted over a century ago continue to influence competition and fairness and reflect on the implications for today’s technology-driven markets.

Monday Jan 20, 2025

Episode 6: Trends And The Future Of Regulation
Explore the trends shaping the future of administrative agencies. What challenges will they face as technology evolves, the climate crisis intensifies, and societal transformations demand new approaches? Most importantly, how can we, as informed citizens, engage with these shifts to create a better future?

Monday Jan 20, 2025

Episode 5: Criticism Of Administrative Agencies
We'll discuss some of the administrative agencies' most significant challenges, including compliance costs, inefficiency, public trust, and broader issues like regulatory capture and ethical concerns. We’ll explore the real-world impacts of these issues and discuss how agencies can evolve to serve the public more effectively in a rapidly changing world.

Monday Jan 20, 2025

Episode 4: Judicial Review Of Administrative Agencies
Judicial review is one of the most critical checks on administrative agencies. Judicial review ensures that agencies act within the boundaries of the law while balancing their technical expertise with public accountability. Today, we’ll explore foundational principles like standing to sue, exhaustion of remedies, and agency authority. How is judicial review evolving in the face of modern challenges?

Monday Jan 20, 2025

Episode 3: The Structure Of Administrative Agencies
Examine how agencies are structured. Who decides their priorities? How do they maintain accountability? Why does their structure matter for the issues shaping our world today?

Monday Jan 20, 2025

Episode 2: The Functions Of Administrative Agencies
Understand how administrative agencies work behind the scenes to shape the rules, resolve disputes, provide guidance, and enforce the law.

Monday Jan 20, 2025

Episode 1: Understanding Administrative Agencies
Review the basics: what are administrative agencies, why they exist, the vital roles they play in shaping our daily lives, and some of the challenges and controversies surrounding them.

Monday Jan 06, 2025

Episode 8: The First Fifteen Amendments—Building the Framework of Rights
Discover how the Constitution establishes the framework for the legal environment of business and protects the rights and responsibilities of businesses in a dynamic economy. Episode 8 explores the First Fifteen Amendments as a cohesive framework of rights.

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