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Which of the following is not part of the punctuated equilibrium model?
1890
A year significant in economic history, notably for the Sherman Antitrust Act's passage in the United States to combat anti-competitive practices.
Major Features
Principal characteristics or components that distinguish something from others.
Price Fixing
A practice where competitors agree on selling prices rather than letting competition in the market determine them, often illegal.
Antitrust Policy
Regulations and laws put in place to prevent monopolies, promote competition, and protect consumers from unfair business practices.
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