Examlex
In Porter's value chain, receiving and storing raw materials are referred to as:
Free Competition
An economic condition where businesses are allowed to compete without undue restrictions, encouraging innovation and fair prices.
Monopolizing
The act of dominating a particular market or industry, often by eliminating or significantly reducing competition.
Sherman Act
A foundational antitrust law in the United States that prohibits monopolies, attempts to monopolize, and other practices that restrain interstate commerce and trade.
Monopoly Power
The ability of a monopoly to dictate what takes place in a given market.
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