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What should be done about markets where producers or consumer band together to swing the market in the favor?
Wiki User
∙ 14y ago
The best action to take here would be Government action. Any time a company or companies band together with each other in order to take a monopoly in a market, it goes against the Antitrust laws that forbid collusion and promote the free market economy. This type of Monopoly is illegal and if it is serious enough that the free market cannot work this out on it's own, then the government will come in and force the Monopolistic company to change their ways.
Wiki User
∙ 14y ago
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Capitalist. Aplus answer Market
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market
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In which type of economy are the producers of goods and services able to react to consumer choices?
Capitalist. Aplus answer Market
In which type of economy are the producers of the goods in services able to react to consumer choices?
market
