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Negative reinforcement is more effective than punishment in stopping unwanted behaviours.
Sherman Antitrust Act
A landmark federal statute passed in the United States in 1890 that prohibits monopolistic business practices and promotes competition.
Monopolies
Market structures characterized by a single seller dominating the entire market for a particular good or service, often leading to reduced competition.
Economic Dominance
A situation where a company, product, or country has enough market power to influence market conditions or prices on a large scale.
Statutory Law
Laws and regulations enacted by legislative bodies at the federal, state, or local levels.
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