Examlex
One reason to study operations management is to learn how people organize themselves for productive enterprise.
Sherman Antitrust Act
A landmark federal statute in the US passed in 1890 that outlaws monopolistic business practices and promotes free competition in the marketplace.
Restraint of Trade
Any activity or agreement that restricts competition in the marketplace, often reviewed under antitrust laws.
Commerce
The activity of buying and selling goods and services, especially on a large scale, including legal, economic, and political interactions.
Antitrust Law
Laws designed to prevent anti-competitive practices, monopolies, and to promote fair competition for the benefit of consumers.
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