Examlex
One of the clearest examples of judicial discretion is in the application of the ____________________, which basically states that when the evidence has been obtained improperly, it cannot be used against the defendant at trial.
Predatory Pricing
A pricing strategy where a firm sets its prices below cost in the short term to drive competitors out of the market and achieve a monopoly.
Artificially Low Price
A pricing strategy where goods or services are sold at a price below their market value, often to drive competitors out of the market or gain market share.
Elastic
Describes a situation where the quantity demanded or supplied of a good or service significantly changes in response to price changes.
Cartel's Product
The goods or services produced and sold by a cartel, which is an association of independent businesses organized to regulate production, pricing, and marketing of goods.
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