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Suppose you develop a new intelligence test.Distinguish between reliability and validity.Outline how you would standardize the test.
Monopolizing
The act of dominating a particular market or industry, often by eliminating or significantly reducing competition.
Sherman Act
A foundational antitrust law in the United States that prohibits monopolies, attempts to monopolize, and other practices that restrain interstate commerce and trade.
Monopoly Power
The ability of a monopoly to dictate what takes place in a given market.
Antitrust Violation
An offense under laws intended to protect trade and commerce from abusive practices such as monopoly, restraint of trade, and unfair business practices.
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