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What is the unit of measuring current?
Oligopoly
A market structure characterized by a small number of large firms dominating the industry, leading to limited competition.
Cutthroat Competition
Cutthroat competition refers to a market situation where companies aggressively undercut each other's prices and policies to gain market share, often at the expense of profit margins.
Illegal
Pertains to actions, behaviors, or conditions that are against the law or statutory requirements.
Oligopoly
A market configuration where a few companies have substantial influence over the pricing and competitive landscape.
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