A business
combination that is created when on firm obtains control of
competing firms by purchasing their stock or their assets.
An agreement
between two businesses as to the prices to be charged for goods.
An agreement
to divide a market among potential competitors.
An agreement
between businesses not to sell to or buy from particular entity.
The practice
in which producers and wholesalers charge larger firms a lower
price for goods than they charge smaller firms.
A contract
that forces an intermediary to purchase unwanted products along
with the products it actually wants to buy.
An agreement
that requires an intermediary to purchase products from a
particular supplier, not from the supplier's competitors.
An arrangement
in which members of the board of directors of one firm are also
directors of a competing firm.
The situation
in which one firm buys the stock of a competing firm to reduce
competition between the two.
A five&-member
committee charged with the responsibility of investigating
illegal trade practices and enforcing antitrust laws.
An order to
refrain from an illegal practice.
An industry
requiring huge investments in capital and within which
duplication of facilities would be wasteful and, thus, not in
the public interest.
The federal
agency that oversees the interstate operations of firms that
sell electricity or natural gas, or operate gas pipelines.
The federal
agency responsible for the interstate regulation of
communications, including radio, television, telephone, and
telegraph.
The federal
agency responsible for the licensing and regulation of carriers.
The process of
removing existing regulations, foregoing proposed regulations,
or reducing the rate at which new regulations are enacted.
An excess of
spending over income.
A tax that
requires the payment of an increasing proportion of income as
the individual's income increases.
A tax on the
manufacture or sale of a particular domestic product.
Duty a tax on
a particular foreign product entering a country.
A tax that
takes a greater percentage of a lower income than of a higher
income.
A tax whose
percentage rate remains constant as the tax base increases.
