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When different companies agree to charge the same price for products.

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10y ago

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What is second fixing LBME?

Second fixing LBMA refers to the London Bullion Market Association's daily auction process where the price of gold is determined by a group of market-making members. This process helps establish a benchmark price for gold that is used globally for trading and valuation purposes.


What do you call an agreement made between different complained to charge the same about for products?

An agreement made between different parties to charge the same price for products is typically referred to as a "price-fixing agreement." This practice is often considered anti-competitive and illegal in many jurisdictions, as it can lead to higher prices for consumers and reduced market competition. Price-fixing can involve explicit collusion or tacit coordination among companies.


Which eubacteria help plants in the production of proteins nitrogen-fixing bacteria endospores bacillia halophiles?

Nitrogen-fixing bacteria


What do you called an argument made between different companies to charge the same amount for products?

An argument made between different companies to charge the same amount for products is typically referred to as "price-fixing." This practice involves companies colluding to set prices at a certain level, which can restrict competition and harm consumers. Price-fixing is illegal in many jurisdictions as it violates antitrust laws designed to promote fair competition.


How are carnivores dependent on nitrogen fixing bacteria?

carnivores -> herbivores -> plants -> nitrogen fixing bacteria