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Why do many people choose to join gangs?
Herfindahl Index
A measure of market concentration and competition, calculated as the sum of the squares of the market shares of all firms within an industry.
Clayton Act
A U.S. antitrust law enacted in 1914 aimed at promoting fair competition and preventing monopolies.
Herfindahl Index
A measure of the size of firms in relation to the industry and an indicator of the amount of competition among them.
Horizontal Merger
A merger between firms that are in the same industry, often aimed at reducing competition and achieving economies of scale.
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