Examlex
Students who are not assigned to a college preparatory track or who do poorly in high school can still get a college education in
Antitrust Laws
Laws designed to promote competition and prevent monopolies, thereby protecting consumers from unfair business practices and ensuring a variety of goods and services in the market.
Sherman Act
A foundational antitrust law in the United States that outlaws monopolistic practices and promotes competitive markets.
Clayton Act
A U.S. legislation enacted in 1914 aimed at promoting competition among businesses by prohibiting certain practices that would lead to antitrust issues.
Herfindahl Index
A measure of the concentration and competitiveness of an industry; calculated as the sum of the squared percentage market shares of the individual firms in the industry.
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