Examlex
________ are electronic marketplaces where buying and selling firms meet to do business, without protracted contract negotiations.
Structural Decline
A long-term reduction in an industry or economy's activity, often due to changes in technology, consumer preferences, or external economic factors.
Legal Framework
The structured system of laws, regulations, and guidelines that govern behavior and ensure order within a society or in specific fields.
Adversarial
Pertaining to a confrontational or competitive situation where parties are opponents and engage in conflict or dispute.
Newer Entrants
Individuals or entities that have recently entered a market, industry, or sector.
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