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An important test-taking skill to teach students is:
Dominant Position
A term used in competition law to describe a situation where a company or entity has a significant advantage over competitors in the marketplace.
Horizontal Restraint
A practice that involves agreements among competitors at the same level of the market to restrict competition.
Chain of Distribution
The sequence of intermediaries through which a product or service passes until it reaches the end consumer.
Competitors
Individuals or entities that are in the same industry or market and vying for the same customers or market share.
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