Examlex
________ is the ratio of the quantity of output produced to the costs of all inputs used, where the inputs are combined on the basis of current period prices.
Interlocking Directorates
Interlocking directorates occur when members of a company's board of directors also serve on the boards of other companies, which may lead to conflicts of interest or reduced competition.
Clayton Act
A U.S. law, enacted in 1914, aimed at increasing economic competition and preventing anticompetitive practices in their incipiency.
Federal Trade Commission Act
A landmark piece of legislation passed in 1914 aimed at promoting competition and protecting consumers from anticompetitive practices.
Celler-Kefauver Act
A United States antitrust law passed in 1950 aimed at preventing anti-competitive mergers and acquisitions by closing loopholes in the earlier Sherman Act.
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