Examlex
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Sherman Act
This law is a landmark legal statute in the U.S. that prohibits monopolies and any agreements that restrict free trade, aiming to foster competition.
Monopoly Power
The ability of a single seller to control market prices and exclude competitors within a particular market.
Tying Contracts
Agreements where the sale of one product (the tying product) is conditional on the purchase of a second, distinct product (the tied product).
Major Industry
Denotes a leading sector of the economy that plays a significant role in economic development, characterized by a high level of output and employment.
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