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The labour mediator's report contained some suggestions that favoured management, and others that favoured the union. Both sides would have to give and take. She used which conflict-resolution technique?
Limit Competition
Strategies or practices aimed at reducing the level of competition within a market or industry.
Exercise Control
The ability to regulate or direct the operations and outcomes within a particular domain or activity.
Oligopoly
An oligopoly is a market structure characterized by a small number of firms whose decisions about production and pricing significantly affect competition.
Market Price
The current price at which an asset or service can be bought or sold, determined by supply and demand dynamics in a competitive market.
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