Examlex
Air within the funnel of a large tornado may have a pressure of only 0.2 ATM. What is the approximate outward force on a (5 m × 10 m) wall if a tornado suddenly envelops the house? (1 ATM = 1.01 × 105 N/m2.)
Per Se Violation
An action that is inherently illegal under antitrust laws, without needing to prove its harm on competition.
Price-fixing
The practice where businesses conspire to establish prices at a certain level, rather than letting them be determined by free-market forces.
Herfindahl Index
A measure of market concentration that is calculated by squaring the market share of each firm competing in a market and then summing the resulting numbers.
Economic Concentration
The degree to which a small number of firms occupy a large proportion of the market in a particular industry.
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