Examlex
Jamail is trying to decide whether to major in biology or psychology.Kevin is trying to figure out what major might allow him to get a good job right after college.Jamail is engaged in _____; Kevin is engaged in _____.
Sherman Act
An essential United States antitrust regulation that forbids monopolistic actions and fosters a competitive environment.
Price-fixing
Price-fixing is an illegal agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand.
State Law
The body of law that is created by and specific to the individual states in a country, as opposed to federal law which is applicable across the entire country.
Interstate Agreements
Contracts or treaties between two or more states within a federation like the United States, often requiring federal approval.
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