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What do you call an agreement made between different companies to the same amount for product?
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.
What do you call an agreement made between differnet companies to charge the same amount for products?
An agreement made between different companies to charge the same amount for products is called price-fixing. This practice is illegal in many jurisdictions because it restricts competition and can lead to higher prices for consumers. Price-fixing undermines the principles of a free market and is often prosecuted as antitrust behavior.
What do you call an agreement made between differentcompanies to charge the same amount for products?
An agreement made between different companies to charge the same amount for products is called price fixing. This practice is illegal in many jurisdictions because it restricts competition and leads to higher prices for consumers. Price fixing is considered a form of collusion and can result in severe penalties for the companies involved.
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.
What do you call an agreement made between companies to charge the same amount for products?
It is called "price collusion" and it is a criminal offence for companies to do this - they are rigging the market.
What do you call an agreement made between different companies to charge the same amount amount for products?
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.
What do billing services companies do?
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.
What do you call an agreement between different companies to charge the same amount for products?
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.
What do you call an agreement made between different companies to charge the same amount for a product?
Price fixing (it is illegal).
Is there any agreement between local private sector and foreign companies?
yes
What is an agreement between two opposing parties?
An agreement between two different parties is known as a Bipartisan agreement. This term is used most commonly in politics.
What is an agreement between different governments?
Its called a treaty
