Examlex
Max Weber was truly optimistic about bureaucracy.
Antitrust Laws
Legislation enacted to prevent anti-competitive practices, promote fair competition, and protect consumers from monopolies and cartels.
Illegal
Activities or actions that are forbidden by law and subject to criminal penalties or fines.
Fixing Prices
Illegally setting the price of goods or services, rather than allowing them to be determined naturally through free-market competition.
Economic Competition
The situation in which different companies or entities vie for the same customers or market share in an industry, influencing prices, product quality, and innovation.
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