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Two CEOs from different firms in the same market collude to fix the price in the market. This action violates the
Oral Contract
An agreement between parties that is made verbally and is as legally binding as a written contract, though harder to prove.
Medical Services
Services provided by professionals in the healthcare sector, aimed at maintaining or improving individuals' health.
Oral Contract
An agreement that is made verbally and not committed to a written document, though still legally binding under many jurisdictions.
Writing
The representation of language in a textual medium through the use of a set of signs or symbols.
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