Examlex
In the functional structure, authority is based on the control of resources and knowledge and not on hierarchical rank.
Tying Contracts
Agreements where the buyer of a product or service is required to purchase an additional product or service that exists in a separate market.
Anticompetitive Price Discrimination
Pricing strategies by firms that unreasonably differentiate prices among customers or regions to eliminate competition or create a monopoly.
Price Discrimination
The strategy of selling the same product or service at different prices to different groups of consumers, based on their willingness to pay.
Clayton Act
A law enacted in 1914 to promote competition and prevent monopolies and unfair business practices in the United States.
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