Examlex
In a parallel hybrid vehicle, there is a direct mechanical connection between the engine and the wheels.
Market Shares
The portion of a market controlled by a particular company or product.
Natural Monopoly
A natural monopoly occurs when a single firm can supply a market's entire demand for a good or service at a lower cost than any potential competitor, often due to high fixed or startup costs.
Antitrust Law
Legislation aimed at preventing anti-competitive practices, monopolies, and fostering fair competition in the market.
Product Price
The financial cost at which a good or service is sold to consumers in the market.
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