Examlex
What is the basis of the decision of the House of Lords in Panatown v Alfred McAlpine Construction?
Monopoly Power
The ability of a company or entity to control or dominate an industry or sector, often to the point where competition is significantly reduced or eliminated.
Federal Antitrust Laws
Laws enacted by the federal government of the United States to eliminate or prevent anti-competitive practices, ensure fair competition, and protect consumers from monopolies and cartels.
International Commerce
The exchange of goods and services between countries around the world.
Horizontal Price-fixing
An illegal agreement between competitors to set prices at a certain level, rather than allowing them to be determined by market forces.
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