How do the large companies manipulate the market? Explain with examples
Answers
Explanation:
The large companies manipulate the market in various ways :
(i) At times, the large companies buy the smaller companies who make the similar products in order to have no or less competition. (ii) When there is a competition, they make the products available at lower cost in order to attract more consumers.
Answer:
Big companies can manipulate the market by using the unwanted advertisements and which are often misleading. They also buy the smaller companies who make the similar products in order to have no or less competition.
(i) At times, the large companies buy the smaller companies who make the similar products in order to have no or less competition.
(ii) When there is a competition, they make the products available at lower cost in order to attract more consumers.