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All of the following take place during the absorptive state except
Federal Trade Commission
The Federal Trade Commission is a United States federal agency established to protect consumers and promote competition by preventing anticompetitive, deceptive, and unfair business practices.
Sherman Antitrust Act
A landmark federal statute passed in 1890 in the United States, which prohibits monopolistic business practices and aims to promote competition.
Sherman Act
A foundational antitrust law in the United States that prohibits monopolistic practices and promotes competition, enacted in 1890.
Monopoly
An exclusive control over the supply of a product or service in a particular market, often eliminating or restricting competition.
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