Examlex
The use of patented or copyrighted materials without permission entitled the owner to royalties for use.
Appliance Producers
companies engaged in the manufacture of electrical or mechanical devices designed for household use.
Crony Capitalism
A type of economic system where business success is heavily influenced by close relationships between business owners and government officials.
Government Regulation
Government regulation encompasses the laws and rules set forth by the government intended to control or manage certain practices, activities, or behaviors within an economy or society.
Entry Barriers
These are obstacles that prevent or hinder new competitors from easily entering an industry or area of business.
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