Legalities in International Business

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Legalities in international business

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Executive summary
The report is focused on the legislative aspect pertaining to the multinational company
Johnson & Johnson as far as its modus operandi in Australia is concerned. The aspects of
treaties, conventions and agreements at the international level are also incorporated in the
report as far as the international trade of the products and services of Johnson & Johnson
Pacific Pty Limited is concerned along with the aspect pertaining to the various policies and
regulations with regard to the functioning in Australia is concerned.

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Multinational Company in Australia
The multinational company opted with regard to its operations in the market of Australia is
Johnson & Johnson. The industry with which Johnson & Johnson is associated is health care.
In Australia and New Zealand combined, the number of employees overall is around three
hundred and twenty. It entered in Australian market in the year 1932 thereby trading as
Johnson & Johnson Pacific Pty Ltd, a subsidiary of Johnson & Johnson (Holloway and
Galvin, 2016). It was founded in the year 1886 and is presently headquartered in New
Brunswick, a city in the American state of New Jersey (Johnson & Johnson, 2019). At the
global level, there are around one hundred and thirty four thousand employees at various
departments of Johnson & Johnson. Since its inception in 1886, it has carved a niche of itself
at the global level to a huge extent (Wickramasinghe, 2016).
Legislative framework
Various legislations in Australia play a vital role with regard to the modus operandi of
multinational companies in Australia. For example, the Corporations Act of 2001 is indented
to govern the functioning of the multinational companies in Australia by setting out the
regulations at the federal and state levels accordingly (Parkin, 2015). Sub-section (xx) of
Section 51 of the Constitution of Australia implies that the Parliament of Australia is
empowered to pass laws pertaining to the entry and expansion of foreign companies in
Australia as far as Johnson & Johnson is concerned (Grant, Ryan and Kelly, 2016). The
Australian Securities and Investment Commission are facilitated by the Corporations Act of
2001 with regard to the investigations pertaining to the malpractices of multinational
companies in Australia as far as Johnson & Johnson Pacific Pty Ltd is concerned.
Additionally, the Fair Work Act of 2009 would also play a vital role in the modus operandi of
Johnson & Johnson Pacific Pty Ltd in Australia as far as the development of the system
pertaining to industrial relations in Australia is concerned. As a result, the Fair Work
Commission is constituted accordingly to look into and investigate the matters pertaining to
issues of the employees of Johnson & Johnson Pacific Pty Ltd as far as the aspect of fairness
is concerned (McCrystal, 2018). Furthermore, the Competition and Consumer Act of 2010
would also play in important role in order to result in a comprehensive solution to the
customers of Johnson & Johnson Pacific Pty Ltd as far as fair trading is concerned. The
investigation pertaining to the Competition and Consumer Act of 2010 is carried out by the
Australian Competition and Consumer Commission. With regard to the issues pertaining to
the violations of the Competition and Consumer Act of 2010, the Federal Court of Australia
is empowered to resolve the disputes. The Australian Consumer Law is set by Schedule 2 of
the Competition and Consumer Act of 2010. Section 18 of the Australian Consumer Law
implies that with regard to deception or misleading acts on part of multinational companies
such as Johnson & Johnson Pacific Pty Ltd, actions can be initiated not only by the
Australian Competition and Consumer Commission but also the aggrieved or victimised
individual. Since Australia is under the monarchy of the United Kingdom and a part of the
Commonwealth, the common law of England and Wales is also applicable as far as the
precedents set by the courts under the purview of common law jurisdiction is concerned. As a