Examlex
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Economic Efficiencies
A measure of how well resources are used to achieve economic goals, minimizing waste and maximizing output.
Clayton Act
A U.S. antitrust law enacted in 1914 to prevent anti-competitive practices in their incipiency and to supplement the Sherman Antitrust Act.
Market Power
The ability of a company or entity to influence or control prices and market conditions within a particular industry or market segment.
Competition
The rivalry between businesses or vendors to attract customers, drive sales, and achieve market dominance.
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