Examlex
"Ahmed's bicycle was stolen yesterday," Jason said,"and that's why he's so cranky today." Jason has just used a(n) _______ to explain the cause of Ahmed's behaviour.
Antitrust Conviction
A legal judgment against a company or individual for violating laws intended to prevent anti-competitive behaviour and promote fair market competition.
Monopoly Power
The ability of a single supplier in a market to dictate prices and control output, usually due to the lack of competition.
Sherman Act
A landmark federal statute in the United States antitrust law passed by Congress in 1890 to prohibit monopolies and foster competition.
Price-Fixing
An illegal agreement among competitors to set prices at a certain level, rather than letting them be determined naturally by market forces.
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