Tuesday, December 31, 2019

David and Goliath World Trade Organization Case Study Essay

David and Goliath World Trade Organization Case Study Assignment 4-3 Prepared for Prof. Stephen Millett MBA 711, H4FF Fall 2010 Prepared by Gary Cooper December 2, 2010 David and Goliath World Trade Organization Case Study Jay Cohen and two friends established an online gaming site on the islands of Antigua and Barbuda; they named the organization World Sports Exchange (WSE). Mr. Cohen was prosecuted by the U.S. government; his conviction resulted in a battle between the U.S. and the two small Caribbean islands of Barbuda and Antigua. The epic battle of David and Goliath was mediated by the World Trade Organization (WTO) and raised a lot of interesting questions about international trade and internet gaming (Steiner,†¦show more content†¦In regards to online gaming, horse racing is a legal sporting event where betting is allowed to take place online and across state lines. That fact alone makes the U.S. government’s argument of morality null and void. There is no difference between gambling on a horse race and betting on a sporting event. Legislation that attempts to control individual choice is an infringement on civil liberties and has not proven successful in the past, particularly w ith prohibition on gambling and alcohol. Mr. Cohen lost a significant amount of his life because he was convicted on a ridiculous charge. Where is the morality in that? Gambling continues to gain in popularity and many states are embracing the industry in order to boost tourism, increase revenue, and create jobs. This trend will probably continue as people begin to realize that the government should not decide whether or not a person can gamble. This is a prime example of too much government; the country has more pressing issues to deal with and should focus on problems that truly affect the American people. 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