__________ is the practice of colluding with other firms to control prices.
A) Competitive favoritism
B) Industry tightening
C) Monopolistic competition
D) Price fixing
E) Regressive pricing

Question

Quizplus · Accepted Answer

Price fixing is the practice of colluding with other firms to control prices in order to reduce competition and increase profits. This is typically done by setting a fixed price for a good or service, which can harm consumers and violate antitrust laws.

__________ Is the Practice of Colluding with Other Firms to Control