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Procompetitive Legislation
Laws designed to encourage competition among businesses, preventing monopolies and promoting fair market practices.
Sherman Antitrust Act
A foundational United States legislation enacted in 1890 to prevent anti-competitive practices, monopolies, and to promote fair competition for the benefit of consumers.
Institutionalization
The process of embedding certain practices, norms, and behaviors within an organization or society, making them established and accepted.
Voluntary Practices
Actions or policies adopted by individuals or organizations out of choice rather than due to legal requirements, often reflecting ethical or sustainability standards.
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