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7 September, 21:52

What are the three practices of oligopolies that concern the government the most?

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Answers (2)
  1. 7 September, 23:11
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    Answer:Cartels. Colluding. Price fixing.
  2. 8 September, 00:19
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    Cartels. Colluding. Price fixing.

    Explanation:

    Cartels are formed when a group of organizations from the same industry combine and decide jointly to keep the prices at higher levels in order to prevent competition Colluding happens when organizations operate either unlawfully or secretly to gain advantage of the customer As the name suggests, price fixing is when competing organization make the products unavailable below a fixed price

    All the above three are keeping the customers at a disadvantage, hence is illegal and concerning to the govt. the most
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