Examlex
A leader begins the discussion at the first meeting of a new group. Which comment should be included?
Rule Of Reason
A doctrine used in U.S. antitrust law stating that not all restraints of trade are illegal, only those that are unreasonable, considering the facts surrounding the case.
Vertical Price-Fixing
An illegal practice where parties at different levels of the same supply chain (like manufacturers and retailers) agree to control the prices at which a product must be sold.
Per Se
A Latin phrase meaning "by itself" or "in itself," used to indicate something that is inherently or intrinsically the case.
Tying Agreements
Contracts where the buyer is required to purchase one product in order to buy another product, often considered anti-competitive.
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