What unfair business practice do cartels use?
Question 2c of 10 - Unfair business practices
- Maximum Attempts: 1
- Question Type: Multiple Choice
- Maximum Score: 2
- Question: What unfair business practice do cartels use?
- bid rigging
- predatory pricing
- price fixing
- making misleading statements
The correct answer is: price fixing. Cartels are groups of producers that agree to forgo competition and charge high prices in order to make greater profits.
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