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govenment regulation

word definition

TermDefinition
market power the ability to control price and exclude competitor
price discrimination the charging practice by a seller of different prices
clayton act a federal law that prohibits price discrimination
Robinson Patman act a federal statute designed to eliminate price
tying anticompetitive practice of required buyers
Sherman antitrust act a federal statute prohibited combination
divestiture order a court order to dispose of interest
treble damages three times the damages actually sustained
Created by: user-1998846
 

 



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