Examlex
If a firm experiences such significant economies of scale that the market can support only one firm, the firm is best described as a(n) _____.
Higher Profits
Describes an increase in the financial gains of a business after all expenses have been deducted.
Per Se Violation
An action deemed illegal, without the need for further evidence of its harm or anticompetitive effect, under certain laws or regulations.
Antitrust Law
Laws protecting commerce from unlawful restraints and anticompetitive practices.
Restraint On Trade
Practices or agreements that restrict free competition and trade, often scrutinized and regulated by law.
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