Examlex
A_______ tariff is designed to raise the price of imported products so that domestic goods are more competitively priced.
Lessen Competition
Strategies or situations that reduce the intensity of rivalry among existing competitors in a market.
Monopolization
The possession of monopoly power in the relevant market and the willful acquisition or maintenance of that power, as distinguished from growth or development as a consequence of a superior product, business acumen, or historic accident.
Antitrust Law
Encompasses regulations that prohibit unfair, anti-competitive practices and monopolistic behavior in the marketplace.
Market Power
The ability of a company or entity to control price or exclude competitors within a specific market.
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