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What is the purpose of competition?
To act as a regulating force in the marketplace
What are the laws that competition in the marketplace called?
antitrust laws =)
Which of these is the responsibility of the Federal Trade Commission?
regulating competition in the marketplace. -- A+
What are the laws that encourage competition in the marketplace called?
antitrust laws =)
How do conglomerates and vertical mergers differ from horizontal mergers?
the do not usually lessen competition in the marketplace
How do horizontal mergers vertical mergers and conglomerates differ?
the do not usually lessen competition in the marketplace
How do conglomerate and vertical mergers differ from horizontal mergers?
They do not usually lessen competition in the marketplace
Why is fair competition important in the private enterprise system?
Fair competition allows firms to compete in the marketplace, knowing that they won't be subjected to excessively aggressive practices that are designed to eliminate them.
What is Having complete control in a market place?
having complete control over a marketplace, without any competition.
What does the concept of a marketplace of ideas refer to?
It refers to the competition between varying opinions and ideas that are aired in public forums.
When will the results of the Spring Cleaning competition be announced?
The results of every competition are usually announced within 10 days of the close of the contest. These results are announced in the Community and Supervisor Forums, and on the contest home page as well.
How does the government's support of business start-upspromote competition in the marketplace?
Established businesses must make way for new ideas.
