Examlex
A divorced dad commuting to work on a major highway notices a billboard for McDonald's any-size $1 soft drink. This billboard is an example of a(n) :
Sherman Antitrust Act
A landmark federal statute in the U.S. passed in 1890 to prohibit monopolistic business practices and ensure competition in the marketplace.
Monopoly Power
The ability of a single seller or firm to control the market price and output of a good or service, due to lack of competition.
United States
A country located in North America, consisting of 50 states and known for its significant influence on global culture, economy, and politics.
Antitrust Policy
Legislative and regulatory efforts undertaken by the government to prevent oligopolistic industries from becoming or behaving like monopolies.
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