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1914 legislation that dealt against monopolies particularly in the area of price-fixing?
Clayton Antitrust Act
What is maximum price legislation?
it is the opposite of minimum price legislation.it is the commodity sold at a price above the one stated whereby the seller can increase the price of the commodity at will without prejudice
What is horizontal and vertical price fixing?
Explain the differences between horizontal and vertical price fixing..
Is price-fixing a type of collusion?
Price fixing can only be collusion if it happens due to all the firms in an oligopoly system come together to decide the price. Price fixing can also be implemented by government (especially in agriculture sector), in which case is not considered a collusion.
What is the definition of price legislation?
price legislation is a system in which laws are being made in the price of things
Law of the maximum in French revolution?
It was the price fixing regulations on grain and bread.
1914 legislation that dealt against monopolies particularly in the area of price-fixing?
Clayton Antitrust Act
What is maximum price legislation?
it is the opposite of minimum price legislation.it is the commodity sold at a price above the one stated whereby the seller can increase the price of the commodity at will without prejudice
What is horizontal and vertical price fixing?
Explain the differences between horizontal and vertical price fixing..
Is price fixing illegal?
Price fixing is illegal within the United States, Australia and the European Union
Is price-fixing a type of collusion?
Price fixing can only be collusion if it happens due to all the firms in an oligopoly system come together to decide the price. Price fixing can also be implemented by government (especially in agriculture sector), in which case is not considered a collusion.
What is the definition of price legislation?
price legislation is a system in which laws are being made in the price of things
How are consumer affected by illegal price fixing?
In the situation of "price fixing" the consumer generally will have to pay more for a product.
What is price legislation?
Price lagislature
Is price fixing fair ethical socially responsible?
Price fixing is when companies that have the same products in common come together to agree to a set price. Price fixing is fair and is in the best interest of being socially responsible by protecting the market from becoming a monopoly.
Can Price Fixing ever be justified?
no
When a government valorizes a commodity what is it doing?
Fixing the price
