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Who were the Polovtsy?
Concentration Ratio
The percentage share of industry sales by the four leading firms.
Industry's Concentration
A measure of the extent to which market share is dominated by a few large companies within a particular industry.
Price Discrimination
Occurs when a seller charges two or more prices for the same good or service.
Clayton Act
A United States antitrust law passed in 1914, aimed at promoting competition by preventing unfair practices such as price discrimination and exclusive dealing agreements.
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