Examlex
Functional operating teams that are stable over a long duration and have members with similar jobs are usually led by an elected leader with little authority for internal operations.
Vertical Merger
The merger of one or more firms engaged in different stages of the production of a particular final good.
Antitrust Cases
Legal disputes focused on stopping or managing businesses that violate competition laws designed to promote market fairness and prevent monopolies.
Herfindahl Index
A measure of market concentration and competition, calculated as the sum of the squares of the market shares of all firms within an industry.
Clayton Act
A U.S. antitrust law enacted in 1914 aimed at promoting fair competition and preventing monopolies.
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