Examlex
Name another stimulus (besides the basic senses) that appears to be detected by humans.
Monopoly Power
The ability of a single supplier in a market to dictate prices and control output, usually due to the lack of competition.
Sherman Act
A landmark federal statute in the United States antitrust law passed by Congress in 1890 to prohibit monopolies and foster competition.
Price-Fixing
An illegal agreement among competitors to set prices at a certain level, rather than letting them be determined naturally by market forces.
Clayton Act
A U.S. antitrust law enacted in 1914, aimed at promoting competition and preventing monopolies by prohibiting certain practices that could lead to anticompetitive behavior.
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