Price Fixng or Cartel.
An agreement between different companies to charge the same amount for a product or service is known as "price-fixing" whereby rival companies agree not to sell goods below a certain price.
It is called "price collusion" and it is a criminal offence for companies to do this - they are rigging the market.
An agreement between different companies to charge the same amount for a product or service is known as "price-fixing" whereby rival companies agree not to sell goods below a certain price.
Different companies have different regulations. For example, credit card companies each offer similar products but the different between them comes in the structure of interest rates and their acquisition.
This is called price-fixing, which is illegal as it reduces competition and can harm consumers by limiting choices and potentially leading to inflated prices.
Price fixing (it is illegal).
yes
An agreement between two different parties is known as a Bipartisan agreement. This term is used most commonly in politics.
Its called a treaty
Get StartedThis Agreement can be constructed to cover the sale of goods or the exchange of services between to companies. If one business is providing goods or products to the other, an Agreement for sale of goods� should be created. If one business is providing services to another, an Agreement for services should be created. If you require more detailed information before making your decision the following help topics can help: Sales Agreement for Services
Its called a treaty
An agreement between railroad companies to divide business in a given area share the profits