Examlex
A fair die is rolled two times. What is the probability that both rolls are 3?
Rule of Reason
A legal doctrine used to evaluate business practices based on their actual impact on competition, considering both their pro-competitive and anti-competitive effects.
Sherman Act
The Sherman Act is a foundational antitrust law in the United States, passed in 1890, that prohibits monopolistic practices and promotes competition.
Antitrust Laws
Regulations established to promote competition and prevent monopolies by restricting unfair business practices and mergers.
Federal Trade Commission
A U.S. federal agency responsible for enforcing laws against deceptive or unfair business practices.
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