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What is price-fixing?

Updated: 9/18/2023

Wiki User

∙ 6y ago

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An agreement by different companies to charge the same price for products, rather than letting the market adjust normally based on supply and demand.

Wiki User

∙ 6y ago

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Anonymous ∙

Lvl 1

∙ 3y ago

When different companies agree to charge the same price for products-apex

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What are the dis advantages in marketing?

Abuses in Marketing could include: Segmenting markets so that ill-informed pay much higher prices. Selling inferior goods to certain groups Setting prices unfairly. Illegal collusion or pricefixing with competitors. Monopoly pricing Misleading ads

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