Examlex
What is the mental path by which some thought becomes active?
Foster Competition
means to encourage or promote a marketplace environment where businesses vie against one another, aiming to improve quality, innovation, and consumer choice.
Antirust Legislation
Laws and regulations designed to promote fair competition for the benefit of consumers by preventing monopolies, cartels, and other forms of market dominance that can lead to price fixing and reduced innovation.
Market Power
The ability of a company or entity to control prices or exclude competition within a particular market.
Price-Fixing Agreement
An arrangement between competitors to set prices at a certain level, rather than allowing them to be determined by natural market forces, often considered illegal.
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