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The Gradual Process of Democratization Begun Under Military Rule Included

question 15

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The gradual process of democratization begun under military rule included all of the following EXCEPT


Definitions:

HHI

The Herfindahl-Hirschman Index, a measure of market concentration used to determine the competitiveness of an industry.

Conglomerate Mergers

Conglomerate mergers involve companies from unrelated industries combining, aiming for diversification to reduce risk.

Vertical

Pertaining to the organization of a supply chain where a company controls multiple stages of production or distribution.

Celler-Kefauver Act

A United States antitrust law passed in 1950, aimed at preventing anti-competitive mergers by closing a loophole related to asset acquisition.

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