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The Sherman Antitrust Act, Clayton Act, and Federal Trade Commission Act are evidence of federal commitment to maintaining a competitive business environment in the United States.

Matching an external opportunity with an internal weakness produces a situation known as leverage.

The United States has the highest number of Internet users in the World.

The competition between Amtrak, Hertz, and Delta Airlines for the travelers’ dollar is considered indirect competition because these services can be substituted for one another.

The existing U.S. legal framework was constructed in a logical, systematic manner, resulting in a coherent and easily understood body of laws.

Maros, an agricultural biotechnology company, is the sole supplier of genetically engineered seeds and controls 84 percent of the market share for genetically modified crops. This is an example of a monopoly.

A customer of All World Bank receives telemarketing calls and emails from the bank’s business partners, Specialty Insurance and Global Investments. Since the customer has signed into the Do Not Call Registry, these companies are in violation of the federal regulation.

Organizations within the same industry usually have the same mission.

The basis for social media is conversation.

The term “societal marketing” refers to online retail sales.