Legal aspects protect competitors and consumers from many unethical pricing strategies that unscrupulous maraketers may wish to attempt . Critically analyse the statement
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Consumers can be protected by the law.
The marketers finalize the pricing strategies in such a way that they could get more profit and it can put the consumers in a difficult position.
Since, the price of a product is higher than his affordable strength and to protect the competitors and the consumers from this we have the law that strictly prohibits the high pricing strategies.
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