Examlex
Early educators avoid
Vertical Merger
The merger of one or more firms engaged in different stages of the production of a particular final good.
Horizontal Merger
The merger into a single firm of two firms producing the same product and selling it in the same geographic market.
Sherman Act
A landmark U.S. antitrust law passed in 1890 that prohibits monopolistic business practices and encourages competition.
Monopoly
A market condition where a single company or entity exclusively controls a particular commodity or service, often leading to less competition and higher prices.
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