Examlex
According to which scientific law does the entropy of the universe increase in spontaneous processes and remain unchanged in equilibrium processes?
Restraints Of Trade
Legal restrictions placed on business practices that can limit competition or manipulate markets.
Economic Competition
The rivalry among businesses to attract customers and achieve a higher market share, driving innovation and efficiency.
Resale Price Maintenance
A practice where a manufacturer or wholesaler controls the retail price at which products are sold by retailers, often to maintain brand image or prevent price wars.
Anticompetitive Effects
Refer to actions or outcomes that reduce competition in a market, leading to less consumer choice and possibly higher prices.
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