Examlex
The emergence of technology has created new markets for companies.Which of the following represents an example of this new tendency?
Widget Manufacturer
A company or entity engaged in the production of small mechanical or electronic devices or gadgets.
Relevant Geographic Market
An area in which a company competes for business, used in assessing competitive dynamics and antitrust concerns.
Robinson-Patman Act
A U.S. law enacted in 1936 designed to prevent anticompetitive practices by prohibiting price discrimination on the sale of goods to equally situated distributors.
Price Discrimination
A pricing strategy where a seller charges different prices to different customers for the same product or service, not based on costs.
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