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The practice of businesses working together to set the prices for competing products is called deregulation pricing predatory pricing price disclosure price fixing

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The practice of businesses working together to set the prices for competing products is called
deregulation pricing
predatory pricing
price disclosure
price fixing

The practice of businesses working together to set the prices for competing products is called deregulation pricing predatory pricing price disclosure price fixing

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Florenciaélite · Tutor durante 8 años
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3.9 (199 votos)

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D. price fixing

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## Step 1<br />The problem is asking for the term that describes the practice of businesses working together to set the prices for competing products. This is a form of collusion, which is illegal in many jurisdictions.<br /><br />## Step 2<br />The term for this practice is 'price fixing'. This is when businesses agree on a set price for a product or service, rather than competing with each other.<br /><br />## Step 3<br />The other options provided, 'deregulation pricing', 'predatory pricing', and 'price disclosure', do not accurately describe this practice. 'Deregulation pricing' refers to the removal of government regulations, 'predatory pricing' is a pricing strategy where a product or service is set at a very low price to drive competitors out of the market, and 'price disclosure' is the act of revealing the price of a product or service.
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