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Dahasolnce [82]
2 years ago
14

Question 6 of 10 What is price-fixing?

History
1 answer:
Lilit [14]2 years ago
3 0

Answer:

I have what I think and what the internet says

Explanation:

Mine: Price fixing is when someone lowers or raises a price. I'm pretty sure this is illegal everywhere, as it is collusion. Which isn't allowed in the usa. (United States of America).

Internet: Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors to raise, lower, maintain, or stabilize prices or price levels. Generally, the antitrust laws require that each company establish prices and other competitive terms on its own, without agreeing with a competitor.

( You can look this up and read it on some safe gov sites. You can find it on g0ogle)

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