Examlex
When Princeton University seminary students were used in an experiment on giving aid:
Price-Fixing Agreements
Illegal arrangements where competing businesses agree on pricing of goods or services, undermining free market competition.
Sherman Act
A foundational antitrust law in the United States that prohibits monopolistic practices and promotes competition.
Free Competition
An economic condition where businesses are allowed to compete without undue restrictions, encouraging innovation and fair prices.
Monopolizing
The act of dominating a particular market or industry, often by eliminating or significantly reducing competition.
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