Across
- 2. A federal regulation intended to prevent specific business actions that might prohibit competition (e.g., tying agreements and exclusive agreements)
- 5. Act A federal regulation intended to protect competitors from takeovers that would limit competition
- 9. An illegal agreement that forbids customers from buying goods and services from competitors
- 10. A type of market structure in which a lot of businesses sell similar products that have only a few differences
- 11. A type of rivalry between or among businesses that involves factors other than price (e.g., customer services, modern facilities, trained personnel, and variety of products)
- 12. Using minimum amounts of resources to the best advantage
Down
- 1. The type of market, or environment, in which businesses operate
- 3. A federal regulation that established a regulatory agency, the Federal Trade Commission (FTC), to monitor business activities in order to prevent unfair competition
- 4. Rivalry between or among businesses that offer similar types of goods or services
- 6. Rivalry between or among businesses that offer dissimilar goods or services
- 7. A type of market structure in which a market is controlled by one supplier, and there are no substitute goods or services readily available
- 8. The rivalry among two or more businesses to attract scarce customer dollars