Examlex
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Herfindahl Index
A measure of market concentration, calculated by squaring each firm's market share and then summing these squares, used to assess competition.
Pre-Merger
The phase before the completion of a merger in which planning and negotiation occur.
Corporate Merger
The process where two or more companies combine to form a new entity, often to expand market share, reduce competition, or achieve economies of scale.
Sherman Act
This law is a landmark legal statute in the U.S. that prohibits monopolies and any agreements that restrict free trade, aiming to foster competition.
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