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Your friend plays the lottery every day. Since he has never won, he is convinced that the odds that he will win next time are even better. From a probability perspective, what is wrong with your friend's logic?
Antitrust Cases
Legal disputes that arise when government entities investigate and challenge business practices that threaten to monopolize a market or restrict competition.
Price-fixing
An illegal agreement among competitors to set prices at a certain level, preventing competition and harming consumers.
Industrial Regulation
Policies and laws enforced by government agencies to regulate industries in order to promote fair competition and protect consumers.
Antitrust Policy
Government regulations designed to promote competition and prevent monopolies, mergers, or cartels that harm consumers.
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