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Agreements among companies to keep prices at a certain level are known as price-fixing. This practice is considered illegal in many jurisdictions because it restricts free market competition and can lead to higher prices for consumers. Price-fixing can involve formal agreements or informal understandings between competing firms. Antitrust laws are designed to prevent such anti-competitive behavior.
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What are agreements among companies to keep prices at a certain level?
Monopoly
Do modern trade agreements designed to balance the flow of goods among countries have their theoretical roots in constitutionalism?
No
How can oligopolies engage in collusion?
Collusion between companies who are otherwise competitors in a narrow field can have the same results as a monopoly or near-monopoly: control of prices and restricting other competition. Monopolies are controlled by US law, but interlocking directorates and covert cooperation among companies is more difficult to uncover and prosecute.
Competition among producers helps keep prices down?
marketing
How do consumers benefits from competition among business?
competition leads to lower prices
What are agreements among companies to keep prices at a certain level?
Monopoly
What is an allience system?
Defense agreements among nations.
Defense agreements among nations are called what?
an alliance syatem
What Agreements made by the States among themselves and with foreign powers?
interstate compact
What companies offer the cheapest gas and electricity prices?
Flow Energy and First Utility are ranked as two of the cheapest suppliers of gas and electricity. SSE, Scottish Power and Sainsbury Energy are also among the lowest priced providers.
What are the advantages to citizens of EU?
Citizens of the EU enjoy the ability to travel freely to all EU countries without needing a visa. Also, EU citizens enjoy the low prices resulting from trade agreements among EU countries.
What trade agreements made among members of the WTO must be agreed upon what?
A consensus.
Which companies were computer storage devices industry leaders?
Among the largest integrated players are IBM and Hewlett-Packard, which dominate certain product segments of the business, especially in technologies geared toward large companies.
What does between or among nations mean?
"Between nations" typically refers to interactions, relationships, or agreements involving two specific nations. "Among nations" generally pertains to interactions, relationships, or agreements involving more than two nations.
What did Jefferson mean by governments are instituted among men?
The phrase "governments instituted among men" means that self rule is a construct. Agreements have to be made among people in order for society to operate relatively smoothly.
Name the term given to the agreements among colonists not to buy or import British goods?
boycott
What are agreements made by the States among themselves and with foreign powers?
These are called treaties.
