Unethical Business Research Practices What Unethical Research Essay

PAGES
3
WORDS
939
Cite

Unethical Business Research Practices What unethical research behavior was involved?

The antitrust case brought by Wal-Mart and other retailers against Visa and MasterCard in the U.S. Eastern District court, was settled in 2003 for $3 billion and primarily involved a dispute concerning the efficient pricing of access to payment information, including security data that confirmed or refuted the transactional identities of cardholders (Roberds & Schreft, 2009). In their pleadings, Wal-Mart and other class action litigants argued that third-party providers such as Visa and MasterCard required them to accept both debit and credit cards issued by MasterCard but the interchange fees were higher for debit cards (Ulzheimer, 2012). In sum, the suit filed by Wal-Mart and other large retailers claimed that Visa and MasterCard "required all merchants who accept their credit cards to also accept their signature debit cards [which] constitutes an illegal tie-in in violation of antitrust law" (Peterson, 2002, p. 31). In their responsive pleadings, the defendants maintained that the plaintiffs' argument failed to satisfy the definition of tying because their so-called "honor-all-cards agreement" with merchants did not preclude them from "steering their customers toward PIN-based debit transactions with their concomitant lower merchant fees" (Peterson, 2002, p. 32). In reality, though, the case focused on the fundamental right of the class action litigants to timely and accurate research information as discussed further below.

Who were the injured parties?

The class action was brought by Wal-Mart...

...

Since these are global trends, the outcome of the Wal-Mart class action suit has world-wide implications for retailers in defining what constitutes ethical practices. With respect to the outcome for the litigants, according to Ulzheimer, "The retailers won the suit and were paid $3 billion by MasterCard and the issuing banks in damages and had to change some business practices costing another $25 billion" (2012, para. 3).
The practices that were used by Visa and MasterCard that formed the focus of the lawsuit in question fall under the category of normative business ethics, in other words, how companies should behave and what governance mechanisms should be in place to ensure such ethical behaviors (Azola, 2011). In this case, the aggregation of enormous amounts of personal identifying data (PID), including some aspects of individual identities such as name, birth date, Social Security number, and unique personal identifying data) has allowed third-party providers such as Visa and MasterCard to charge a fee for verifying transactional data used…

Sources Used in Documents:

References

An introduction to ISO 27001. (2012). The ISO2700 Directory. Retrieved from http://www.

27000.org/iso-27001.htm.

Azola, M. (2011). The Reconciliation Project: Separation and integration in business ethics research. Journal of Business Ethics, 99, 19 -- 36.

Binning, D. (2012). Top five cloud computing security issues. ComputerWeekly. Retrieved from:
http://www.computerweekly.com/news/2240089111/Top-five-cloud-computing-security-issues, 2012.


Cite this Document:

"Unethical Business Research Practices What Unethical Research" (2012, May 18) Retrieved April 21, 2024, from
https://www.paperdue.com/essay/unethical-business-research-practices-what-80086

"Unethical Business Research Practices What Unethical Research" 18 May 2012. Web.21 April. 2024. <
https://www.paperdue.com/essay/unethical-business-research-practices-what-80086>

"Unethical Business Research Practices What Unethical Research", 18 May 2012, Accessed.21 April. 2024,
https://www.paperdue.com/essay/unethical-business-research-practices-what-80086

Related Documents

Unethical Business Research Conduct Business research is conducted for many reasons that are dependent on intended recipient of the research. For business marketers, research might include customer surveys of focus groups. When the research is for the development of a product, it can have a scientific basis and when it comes to stakeholders the research may include financial projections. This paper will therefore look at an article that focuses on some

Business Research The unethical research behavior discussed was conducted by Wyeth, and is symptomatic of the systemic issues that the pharmaceutical industry has with respect to research. The article details a case involving Wyeth that resulted in class action litigation. The ethical issue in this case is fraudulent research. The allegation is that Wyeth fabricated research by using "vendors to produce ghostwritten manuscripts and place them into medical journals." The research

If she decides to give the results to the company that is sponsoring her, it is her responsibility and she is liable of suffering the consequences. In order to avoid ethical issues, Jane could organize these interviews as concerning consumers, as a statistical survey that she can publish in the university's newspaper, therefore becoming public knowledge. The identity of the surveyed restaurants should be concealed, otherwise it is unlikely that

Business Ethics Palmeri, C&Rupp, L 2013, May 3, Disney Bangladesh Exit Pressure on Clothes makers Who Stay, Retrieved from http://www.bloomberg.com/news/2013-05-03/disney-bangladesh-exit-puts-pressure-on-those-who-may-stay-1-.html The work of Palmeri and Rupp (2013) is focused on highlighting the issues faced by the multinational organizations while operating in developing markets. It is highly likely for large organizations to develop their overseas presence. However the economically developing markets a number of issues including environmental, infrastructural, and compliance with health and

It is important that tomorrow's business leaders understand the good and bad science behind currently marketed drugs, and understand what constitutes ethical and unethical marketing practices. Also, over the course of the past five months, while working in a research lab in genetics has given me invaluable knowledge, I have realized the importance of science to communicate in layperson's terms with the outside world. On an individual level, I often

Unethical Leadership
PAGES 10 WORDS 2942

Unethical Leadership Leadership is not an inherited gift or a family heritage. Becoming a leader is a deliberate and planned process of personal and professional development that must be carried out experientially. It requires one to have the courage to say both "yes" and "no' to an everlasting chain of large and small tests. In order to become a true leader, one must be prepared to define his/her values, character, and