Examlex
The operating cycle of a company is the average time that is required to go from cash to
Price-Fixing
An illegal agreement among competitors to set prices at a certain level, rather than allowing them to be determined by the free market.
Legal Cartel Theory
The concept that under specific regulatory frameworks, cartels may operate legally, typically in industries subject to intense regulation for public interest.
Natural Monopolies
Industries where a single firm can supply a product or service at a lower cost than any potential competitor, often due to economies of scale.
Deregulate
The process of removing or reducing government regulations or restrictions in an industry to allow for more freedom and competition.
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