Examlex
Compare and contrast ultra-high-temperature (UHT) pasteurization and regular pasteurization.
Cartels
An association of independent firms or countries that agree to coordinate their production and pricing decisions to monopolize a market and maximize collective profits.
Collusive Agreement
A secret or illegal cooperation or conspiracy, especially between competitors, aimed at deceiving or gaining an unfair advantage in the market.
Dominant Firm
A company that has a major share of the market for a particular product or service, often able to influence market conditions.
Competitive Fringe
Small, less dominant firms in a market that compete at the periphery with the larger dominant firms, often by focusing on niche segments.
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