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5 Cards in this Set
- Front
- Back
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Predatory pricing |
Selling a product below cost to drive competitors out of the market |
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Antitrust laws |
Laws that encourage competion in the marketplace |
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Trust |
Like a cartel, an illegal grouping of companies that discourages competition |
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Merger |
Combination of 2 or more companies into a single firm |
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Deregulation |
The removal of some government controls over a market |
