Examlex
Can an economy's potential output change over time? Explain your answer.
Rule Of Reason
The principle that not all actions deemed as restrictive of trade are illegal, depending on whether they are unreasonable restraints.
Vertical Merger
A business combination of companies that operate along the same supply chain but at different stages of production.
Horizontal Merger
The combination of two or more firms competing in the same industry and at the same stage of production, aimed at increasing market share.
Conglomerate Merger
A merger between companies that operate in completely different industries.
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