Examlex
Which statement is correct?
Territorial Restriction
A limit imposed on the area or region where a product or service can be sold or provided.
Price-Cutting
The practice of reducing prices, often below the normal value, to attract customers or undermine competitors.
Direct Competition
The scenario where businesses offer the same or similar products or services to the same customer base, competing directly for market share.
Sherman Act
An antitrust law enacted in the United States to prevent monopolistic practices and promote competition among businesses.
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