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nataly862011 [7]
2 years ago
10

Two firms would sometimes be better off if they got together and agreed to charge a high price, rather than to compete and risk

having to charge a lower, competitive price. What is the greatest deterrent to this strategy?
Social Studies
1 answer:
marishachu [46]2 years ago
5 0

Answer:

it is Illegal

Explanation:

According to my research on business strategies, I can say that based on the information provided within the question the greatest deterrent to this strategy is that it is Illegal. If two companies agreed to charge higher prices they can be audited and charged a significant fine by the Government, since it is completely illegal.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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