Examlex
What is the primary mechanism of international arms control?
Interlocking Directorates
The practice of having the same individuals serve on the boards of directors of multiple, often competing, companies.
Competitive Sales
Sales activities that occur in a market where multiple sellers are trying to attract the same buyers, emphasizing price, quality, and service to win business.
Rule of Reason
The rule of reason is a legal doctrine under antitrust laws that evaluates the legality of business practices based on their overall competitive effect.
Antitrust Laws
Regulations that promote competition and prohibit monopolies, cartels, and other agreements that restrict trade.
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