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Meaning of Baxter's law | Babel Free

Noun CEFR B2

Definitions

An economic law that describes how a monopoly in a regulated industry can extend into and dominate an unregulated one.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

Baxterian Baxterianism Baxterization Baxters Ridge bay bay antler

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