Examlex
The best situation is to have a _______________ actual focal spot and a ______________ effective focal spot.
Price Fixing
Price fixing is an agreement among competitors to set prices of goods or services at a certain level, often illegally, to minimize competition.
Oligopolies
Market structures in which a few firms dominate the industry, often leading to limited competition and higher prices for consumers.
Outright Collusion
An openly cooperative effort among competitors to manipulate market prices, limit competition, or divide markets among themselves illegally.
Oligopolist
A market participant in an oligopoly, meaning they are one of a few firms dominating a particular industry, often influencing prices and market conditions.
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