Examlex
The psychoactive effects of marijuana are believed to be caused by its mimicry of a lipid.
Sherman Act
A landmark federal statute in the field of United States antitrust law passed by Congress in 1890 to prohibit monopolistic business practices.
Horizontal Restraint
A term used in antitrust law to describe practices that restrict competition among firms operating at the same level of the market, such as price-fixing agreements between competitors.
Predatory Pricing
A pricing strategy where a product or service is set at a very low price with the intent to drive competitors out of the market or create barriers to entry for potential new competitors.
Tying Arrangement
A sales agreement in which the sale of one product is dependent on the buyer purchasing another product.
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