Examlex
In a sole proprietorship,the owner is personally liable for the debts of the business.
Oil And Tobacco Trusts
Historical terms referring to the monopolistic organizations formed in the oil and tobacco industries to control production and prices.
Deregulation
The process of removing or reducing state regulations, typically in the economic sphere, to encourage more efficient and competitive markets.
Horizontal Merger
A merger between companies that operate in the same industry, often aimed at achieving economies of scale, reducing competition, or accessing new markets.
Rule of Reason
A legal doctrine used to determine if a business practice is anticompetitive under antitrust laws.
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