Examlex
An implantable cardioverter defibrillator (ICD) is an electronic device designed to monitor cardiac electrical activity and deliver prompt defibrillation. These devices are capable of pacing as well as defibrillating, consisting of a generator and sensing and defibrillator electrodes. Myocardial or thoracic subcutaneous patches may be added if the transvenous catheters alone do not adequately defibrillate the heart. Patients with previously implanted defibrillator patches may present for removal of a patch or patches. What action would be appropriate during this procedure? Select all that apply from the options listed below.
Cartels
Formal agreements among competing firms to control prices or exclude entry of a new competitor in a market.
Entry Barriers
Obstacles that prevent or hinder new competitors from easily entering an industry or area of business.
Collusion
An agreement between two or more parties, often in a secretive manner, to limit open competition by deceiving or defrauding others of their legal rights, or to obtain an objective forbidden by law, typically by defrauding or gaining an unfair market advantage.
Homogeneous Product
A product or service that is perceived by consumers as identical in all essential features and quality to a product or service offered by competing companies.
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