Examlex
Define and discuss the concept of "standing." What are the requirements for a person to have standing to contest a Fourth Amendment search? Be sure to provide examples.
Repeated Games
A strategy-based scenario where the same game is played multiple times, allowing players to adjust their behavior based on past outcomes.
Cartel
A formal agreement among firms (or countries) in an industry to set the price of a product and establish the outputs of the individual firms (or countries) or to divide the market for the product geographically.
Monopoly Price
The price set by a monopolist, which is typically higher than in competitive markets, reflecting the monopolist's market power and lack of competition.
Patents and Copyrights
Legal tools that give creators and inventors exclusive rights to their creations and inventions for a certain period, encouraging innovation.
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