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During the Enlightenment, people began to believe that society and culture are themselves the products of history and the evolution of culture. The Enlightenment is important in the origins of:
Sherman Antitrust Act
A landmark U.S. legislation passed in 1890 that prohibits monopolistic business practices and promotes competition.
Price Fix
A practice where businesses agree to set the price of a product or service at a certain level, often illegally, to avoid competition.
CEOs Collude
This term refers to illegal or unethical agreements between CEOs of different firms to make decisions that restrict competition, manipulate prices, or control market entry.
Oligopolists
Firms operating in a market where a small number of entities control a large portion of the market share, influencing prices and competition.
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