Examlex
Autonomous work groups in which workers are trained to do all or most of the jobs in a unit,have no immediate supervisor and make decisions previously made by first-line supervisors are referred to as
Antitrust Law
Legislation aimed at promoting fair competition for the benefit of consumers, mainly by regulating anti-competitive conduct by companies.
The Antitrust Division
A section of the government responsible for promoting and maintaining market competition by preventing anti-competitive practices.
Price Discrimination
A pricing strategy where a seller charges different prices for the same product or service to different buyers, not based on costs.
Basic Economy
A term often used in the airline industry referring to the most cost-effective and no-frills class of service available to passengers.
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