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Using the IS curve , in the long run,
________ and ________, so that
________.
Conglomerate Mergers
A type of merger between companies that operate in unrelated business activities.
Horizontal Mergers
Mergers between companies that operate in the same industry, leading to consolidation and potentially reducing competition.
Price-Fixing
An illegal agreement among competitors to set prices at a certain level, rather than allowing them to be determined by the free market.
Legal Cartel Theory
The concept that under specific regulatory frameworks, cartels may operate legally, typically in industries subject to intense regulation for public interest.
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