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Why would a group of companies be willing to cooperate in price-fixing?

Anonymous

∙ 13y ago

Updated: 4/28/2022

So that they could all make more money.

Wiki User

∙ 13y ago

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Why would group of companies be willing to cooperate in price fixing?

To maximise profits.

Why would a group of companies be willing to cooperate in the price-fixing?

So that they could all make more money.

Who is Vivek Prabhakar?

=== === Other Group Companies VINI Group is which includes investment in Travel,Software Outsourcing,Garment Manufacturing & International Export .

A group of companies agrees to charge the same inflated price for a good?

price fixing

Which group is most negatively impacted by companies that re-locate to developing countries?

U.S. workers who lose their jobs

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Related Questions

Why would group of companies be willing to cooperate in price fixing?

To maximise profits.

A group of companies that agree to cooperate with each other by setting prices production quotas and wages is called?

A trust or a monopoly

Why would a group of companies be willing to cooperate in price fixing?

Because they can each make more money, individually. If competing companies actually compete then they will sell their product as cheaply as possible, since the customer is most likely to buy the cheapest option. However, if the competing companies can agree to fix the price, then they can charge more money without losing out to another company who is willing to sell the product for cheaper.

What are the advantages and disadvantages of cooperate sales?

explain the process in relationto cooperate sales and group sales and show their different needs and wants

what are 2 ways i which member of a social group may cooperate in the community?

by helping and cloning

Group of company or companies is correct?

Group of companies is grammatically correct.

What is the legal status for a group of companies?

The legal status for a group of companies is that it is called a corporate group.

Name of the tata group software companies?

Name of the tata group of companies

When did Zomba Group of Companies end?

Zomba Group of Companies ended in 2008.

When was Zomba Group of Companies created?

Zomba Group of Companies was created in 1981.

When was CERT Group of Companies created?

CERT Group of Companies was created in 1996.

When was Paragon Group of Companies created?

Paragon Group of Companies was created in 1985.

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