| competition policy | The laws and government actions designed to prevent monopoly and promote competition.
(See page(s) p. 255)
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| Competition Tribunal | A government body that adjudicates under a civil law framework that permits the issuing of remedial orders to restore and maintain competition in the market.
(See page(s) p. 256)
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| conglomerate merger | The merger of a firm in one industry with a firm in another industry or region.
(See page(s) p. 256)
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| horizontal merger | A merger between two competitors selling similar products in the same market.
(See page(s) p. 256)
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| legal cartel theory of regulation | The hypothesis that some industries seek regulation or want to maintain regulation so that they may form a legal cartel.
(See page(s) p. 260)
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| public interest theory of regulation | The theory that industrial regulation is necessary to keep a natural monopoly from charging monopoly prices and thus harming consumers and society.
(See page(s) p. 259)
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| social regulation | Government regulation of the conditions under which goods are produced, the physical characteristics of goods, and the impact of the production on society.
(See page(s) p. 261)
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| tying contract | A requirement imposed by a seller that a buyer purchase another (or other) of its products as a condition for buying a desired product.
(See page(s) p. 257)
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| vertical merger | The merger of firms engaged in different stages of the production process of a final product.
(See page(s) p. 256)
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