dentify the trade-restraining practice that this example demonstrates. The CEOs of two pharmaceutical companies are having lunch. They discuss the unfair costs of ordering from a manufacturer that supplies to both companies. The CEOs decide that they will no longer work with the unfair pricing of the manufacturer.     Illegal boycott   No illegal practice   Controlling output   Division of markets   Price fixing

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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dentify the trade-restraining practice that this example demonstrates.

The CEOs of two pharmaceutical companies are having lunch. They discuss the unfair costs of ordering from a manufacturer that supplies to both companies. The CEOs decide that they will no longer work with the unfair pricing of the manufacturer.

 
  •  
    Illegal boycott
  •  
    No illegal practice
  •  
    Controlling output
  •  
    Division of markets
  •  
    Price fixing
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